The Clean Energy Solutions Center is assisting the North Pacific ACP Renewable Energy and Energy Efficiency Project (North REP), Economic Development Division with developing regulatory requirements, road mapping, and financing programs to support compliance of energy targets defined in the 2008 Energy Policy. This assistance will be provided in close collaboration with the Assistant Secretary for Energy of the Federated States of Micronesia (FSM) and the Secretariat of the Pacific Community. Discussions to develop a Memorandum of Understanding for collaboration are in progress.
Impact of Assistance
The policy analysis and regulatory development assistance provided under this request will create a framework for legislative annexes needed to support successful achievement of policy clean energy targets. As such, FSM would achieve an increase in share of renewable energy more than 30 percent by 2020, and improve energy efficiency 50 percent by 2020.