{"id":9091,"date":"2021-02-03T16:20:16","date_gmt":"2021-02-03T16:20:16","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=9091"},"modified":"2021-02-03T16:20:16","modified_gmt":"2021-02-03T16:20:16","slug":"usa-pakistan-cooperate-to-increase-private-sectors-investment-in-clean-energy","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/usa-pakistan-cooperate-to-increase-private-sectors-investment-in-clean-energy\/","title":{"rendered":"USA &#038; Pakistan Cooperate to Increase Private Sector&#8217;s Investment in Clean Energy"},"content":{"rendered":"<h3 class=\"m_121021057750381650size-14\" lang=\"x-size-14\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-9059\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2021\/02\/EDITOR-ATHER-JAVED-1-e1612202412486.jpg\" alt=\"\" width=\"500\" height=\"400\" \/>\u00a0Islamabad; 03 Feb 2021 &#8211; The United States Government, through the U.S. Agency for International Development (USAID), and in collaboration with the Government of Pakistan, the United Nations Industrial Development Organization (UNIDO), and local partners, launched the Pakistan Private Sector Energy project today to increase private sector investment in clean energy.\u00a0 The project will support small and medium-scale energy activities throughout Pakistan to boost local and national economic growth.<\/h3>\n<h3 class=\"m_121021057750381650size-14\" lang=\"x-size-14\">The Pakistan Private Sector Energy project will encourage more private investment in the energy sector, with a focus on low-cost, renewable energy sources, which are critical to expanding economic growth.\u00a0 UNIDO will work with clean-energy project developers and private sector investors to access project financing.<\/h3>\n<h3 class=\"m_121021057750381650size-14\" lang=\"x-size-14\">\u201cSustainable, low-cost energy is a key ingredient in Pakistan\u2019s economic development. Harnessing the power of private sector investment will generate economic growth and create new jobs,\u201d said USAID Mission Director Julie Koenen.\u00a0 \u201cThis new USAID-funded project will complement the Pakistani government\u2019s efforts in facilitating a cleaner, cheaper, more climate friendly, and sustainable energy mix for Pakistan,\u201d said Minister for Climate Change Malik Amin Aslam.<\/h3>\n<h3 class=\"m_121021057750381650size-14\" lang=\"x-size-14\">The Pakistan Private Sector Energy project continues USAID\u2019s long-term partnership with the Government of Pakistan. \u00a0Since 2010, USAID has partnered with the Government of Pakistan to add more than 3,900 megawatts to the national energy grid.\u00a0 These investments have benefitted more than 47 million Pakistanis, reduced costs for energy distribution companies by over $400 million, and leveraged more than $2.3 billion in private investment.\u00a0 USAID has also supported the construction of new transmission lines and substations to evacuate power from wind power projects to the national grid, as well as rehabilitated thermal and hydroelectric power plants.<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Islamabad; 03 Feb 2021 &#8211; The United States Government, through the U.S. Agency for International Development (USAID), and in collaboration with the Government of Pakistan, the United Nations Industrial Development Organization (UNIDO), and local partners, launched the Pakistan Private Sector Energy project today to increase private sector investment in clean energy.\u00a0 The project will support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[925,189,48,389,122,520],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/9091"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=9091"}],"version-history":[{"count":1,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/9091\/revisions"}],"predecessor-version":[{"id":9092,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/9091\/revisions\/9092"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/9059"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=9091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=9091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=9091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}