The Lao Ministry of Natural Resources and Environment has unveiled new measures in relation to climate change, targeting net-zero greenhouse gas (GHG) emissions by 2050. National GHG emissions in 2020 have been estimated at around 53 MtCO2eq. Between 2000 and 2020, Lao PDR achieved to reduce emissions by 34% compared to the BAU scenario.
In May 2021, Lao PDR updated its nationally determined contribution (NDC). The country pledged to unconditionally reduce its GHG emissions by 60% in 2030 compared to a business-as-usual (BAU) scenario. To achieve this goal, Lao PDR aims, over the next decade, to reduce LULUCF (land use, land-use change and forestry) emissions by 1,1 MtCO2eq/year by reducing deforestation, reach 13 GW of hydropower capacity (5.5 GW are already operational), and introduce 50,000 energy-efficient cook stoves. With international support (conditionally), the country could increase the forest cover to 70% of total land area, develop 1 GW of wind and solar capacity, 300 MW of biomass-fired power capacity, and reduce final energy consumption by 10% compared to a BAU scenario.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.