Subsidy Reform Plan
Summary
The Subsidy Reform Plan established a government expenditure of 30% of the net fund gained by implementing this law on grants, loan interest subsidies or managed funds for the following purposes: technology structure modification of manufacturing divisions to improve energy efficiency; water; and expansion of electricity generation from renewable resources. The objective of the policy, amongst others, is to encourage the private sector to invest in renewable energy. The second phase of the plan is currently is in process.
Documents
Document
Topics
Beta
About this policy
Year
2010
Most recent update
05/01/2010
Geography
Response areas
Mitigation
Sectors
Energy, Water
Topics
, ,
Topics mentioned most in this policy Beta
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Group
Topics
Target
Policy instrument
Just transition
Renewable energy
Fossil fuel
Economic sector
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.