Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Bitcoin surpasses $117,000 after US rate cut

September 18, 2025

More Hongkongers feel anxious about using up their savings in retirement: McKinsey survey

September 18, 2025

Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report – Business & Finance

September 18, 2025
Facebook X (Twitter) Instagram
Thursday, September 18
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » CERP, Princeton researchers initiate project to develop long-term energy transition – Pakistan
Economist Impact

CERP, Princeton researchers initiate project to develop long-term energy transition – Pakistan

adminBy adminMay 30, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 114


The Centre for Economic Research in Pakistan (CERP) and Princeton University researchers have initiated a project to develop a long-term energy transition planning framework, according to a press release issued on Friday.

The press release said that the initiative comes at a time when Pakistan’s energy sector faced high costs, volatility, and an overreliance on imported fossil fuels, which accounted for nearly 60 per cent of the country’s energy supply.

“Outdated infrastructure, inefficient management, and transmission bottlenecks have contributed to persistent power shortages and a growing circular debt crisis, issues that the roadmap aims to address while planning for future growth, sustainability, and climate resilience,” the press release said.

Part of a two-day workshop, the event “Pakistan’s Energy Transition Roadmap” brought together over 50 policymakers, researchers, and private-sector experts.

“Drawing on Princeton’s net-zero project expertise, the initiative would provide Pakistan with practical, evidence-based guidance on how to equitably move from reliance on expensive, imported fossil fuels to cleaner, more affordable energy sources aligned with economic growth and development goals,” it said.

“The Energy and Petroleum Division are working separately, but for the plan to be truly effective, it needs to be built on real, credible data … I believe we need to formalise this relationship with CERP to help us plan better and gain valuable insights from their experts,” Federal Minister for Energy Sardar Awais Ahmad Khan Leghari said according to the press release.

“CERP is uniquely positioned to advise us and help us identify the issues they have expertise in,” Leghari said while speaking at the event.

National Disaster Risk Management Fund Chief Executive Officer Bilal Anwar said that climate risks and natural disasters made planning more urgent than ever to avoid future social and economic costs.

CERP CEO and President Maroof A Syed said that project project wasn’t about imposing ideas, rather it was about co-creating a roadmap that respected Pakistan’s “unique challenges while exploring practical opportunities for cleaner, more affordable energy”.

“At CERP, we ensure that every step we take is rooted in rigorous evidence so that solutions are grounded in real data and tailored to Pakistan’s specific needs,” Syed was quoted as saying.

Senior Research Scientist at Princeton’s Andlinger Centre for Energy and Environment, Dr Chris Greig, said discussions with participants, sector specialists, policymakers and other stakeholders were valuable in helping them understand the real challenges and the urgency of finding context-specific solutions that work for the country’s economy and people.

“They also help us think about development-compatible pathways to Pakistan’s sustainable energy future,” he said.

The press release said that the Julis-Rabinowitz Centre for Public Policy and Finance at Princeton SPIA has cosponsored the workshop series for the last three years.

Centre’s Associate Director Pallavi Nuka said, “Initially focused on capacity building, these workshops have directly contributed to catalysing significant thinking about Pakistan’s energy policies and fostered valuable collaborations.”

“Building on this foundation, this initiative will help policymakers understand the bigger picture when it comes to planning for Pakistan’s future energy needs,” Pallavi was quoted as saying.

“The roadmap project, now beginning its detailed work, will explore multiple, development-compatible pathways to meet Pakistan’s growing energy demand, reduce environmental and economic costs, and identify investment opportunities in renewables that support climate resilience,” the press release said.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Impact

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025
Economist Impact

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025
Economist Impact

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025
Economist Impact

Budget lacks steps to cure economic ills, complain industry leaders – Business

June 11, 2025
Economist Impact

Rs200bn relief unveiled in major tariff overhaul – Business

June 11, 2025
Economist Impact

Budget 2025-26: FM Aurangzeb acknowledges pain, calls budget ‘foundation’ for Pakistan’s future – Business

June 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report – Business & Finance

September 18, 2025

BankIslami, MG Motors collaborate to offer auto financing package – Business & Finance

September 18, 2025

JazzCash official highlights importance of digital payments – Business & Finance

September 18, 2025

Saif Textile Mills, SkyElectric sign 10MW solar partnership – Business & Finance

September 18, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Bitcoin surpasses $117,000 after US rate cut
  • More Hongkongers feel anxious about using up their savings in retirement: McKinsey survey
  • Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report – Business & Finance
  • Gold backs off record highs after Powell’s remarks
  • Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Bitcoin surpasses $117,000 after US rate cut

September 18, 2025

More Hongkongers feel anxious about using up their savings in retirement: McKinsey survey

September 18, 2025

Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report – Business & Finance

September 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.