Facilitating Private Sector Participation in the Promotion of Energy Security in Papua New Guinea, Solomon Islands and Vanuatu

The rationale for this project is that the provision of specialised advisory services to the key stakeholders will empower them to more effectively undertake business environment reforms and create more favourable business and investment conditions by increasing their knowledge, building their capacity and raising their skills. Ultimately, the project will lead to the establishment of a policy framework for the active participation of the private sector in the promotion of energy security in Papua New Guinea, Vanuatu and the Solomon Islands.

The project support is a combination of:

• Assessing the Energy Balance of each country, reviewing existing national energy policies based on the analysis of the energy balances, and the collating of the potential for renewable energy and energy efficiency in each country
• Preparing recommendations on national policy, regulations and financial frameworks to enhance the enabling environment for private sector investments in the Renewable Energy (RE) & Energy
• Undertaking Energy Efficiency (EE) studies of each sector in the three countries.
• Sensitising the stakeholders on the outcome of the studies and creating awareness of the importance of the issue.
• Organising a participatory forum for the key stakeholders