The Maldives has set out on a bold plan to restructure the country’s energy industry in order to address the climate crisis and assure a secure, resilient, and prosperous future. With international assistance and private investments, the government aspires to reach net-zero emissions by 2030.
The World Bank has supported the Maldivian government through the Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE) project, which began in 2014, and the recently launched Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project.
This high-level Energy Investor Conference, organised jointly by the government and the World Bank Group, brings together stakeholders to share the government’s strategies towards a net zero future and experience from existing projects, highlight the enabling renewable energy business environment in the country, and showcase the clean energy opportunities under the ARISE project.