Renewable energy in Nepal: Key findings and policy recommendations

Abstract

To enable the expansion of sustainable renewable energy in Nepal, scaling up and investment are crucial. This requires appropriate planning, setting targets, evidence-based policymaking, and creating an enabling environment. Significant demand and a sizeable market for renewable energy exist in Nepal. However, commensurate investments, and sufficient annual market sales have not taken place. It implies gaps that need to be bridged through political commitments, enabling policies, and necessary plans at a scale. This report, based on key findings, offers policy recommendations for scaling and expanding the use of renewable energy in Nepal. By implementing these recommendations, the country can make significant progress towards achieving its climate change and developmental goals.