October 31, 2024

Pakistan faces a pressing energy crisis that threatens both economic stability and environmental sustainability (Khan and Ahmed 2015, Zeshan and Ahmed 2013). As part of its commitment to a sustainable energy future, the government aims to generate 30% of its electricity from renewable sources by 2030.

The solution is clear: an urgent transition to solar energy. Analysis shows that by shifting from coal to solar power, Pakistan stands to 1) boost its GDP by over 11% by 2030, 2) slash CO2 emissions significantly, and 3) reduce dependence on costly fossil fuel imports.

This transition isn’t just an opportunity but a necessity. However, the challenge lies in the massive $8 billion investment required and the lack of comprehensive medium-term policy provisions to attract this colossal amount.

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