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https://elibrary.tucl.edu.np/handle/123456789/5406| Title: | Pacific Economic Monitor July 2018 |
| Authors: | ADB |
| Issue Date: | Jul-2018 |
| Description: | This issue highlights the economic prospects of the Pacific developing member countries (Pacific DMCs) and stresses the importance of improving the quality and access to basic and sustainable utilities in the Pacific DMCs. Access to electricity is low in the Pacific, particularly in the more remote and less developed parts of the subregion. Factors contributing to this include dependence on costly fossil fuels for power generation, inadequate investment in infrastructure, and electricity services that may be beyond the means of poorer rural households. To help address these challenges, most Pacific governments are taking steps to shift toward renewable energy and ultimately meet ambitious targets under international climate change commitments. Further, they have made strategic investments in more effi cient transmission networks, and better collection and payment systems. Such measures must be complemented by improvements in the performance of state-owned utilities, who are typically responsible for providing electricity services in Pacific economies, including further promotion of private sector participation and clarifying policies behind tariff-setting to ensure financial self-sustainability and minimize the need for government support. |
| URI: | https://www.adb.org/publications/pacific-economic-monitor-july-2018 https://elibrary.tucl.edu.np/handle/123456789/5406 |
| ISBN: | 9789292612764 9789292612771 |
| ISSN: | 2521-6066 2521-6074 |
| Country: | Regional - Asia and the Pacific |
| Appears in Collections: | ADB Collections |
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