Policies

The Sustainable and Renewable Energy Development Authority Act 2012 (creation of the Sustainable and Renewable Energy Development Authority [SREDA])

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 17 October 2016

The Act establishes the Sustainable and Renewable Energy Development Authority (SREDA) in order to: ensure energy security and to mitigate risks associated with natural calamities stemming from gobal warming.

SREDA came into being in 2014 and is now fully functional as a government agency. SREDA aims to promote renewable energy and energy efficiency by: 

  • Coordinating renewable energy and energy efficiency efforts of the government.
  • Standardizing and labelling the renewable energy and energy efficiency products.
  • Piloting new technologies, and taking initiatives for their expansion.
  • Creating conducive environment for the investors.
  • Conducting research and development.
  • Developing capacity.
  • Creating awareness for renewable energy and energy efficiency.
  • Establishing linkages with regional and international organizations.

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