WB outlines energy efficiency path for Pakistan’s key industries

The World Bank, in a new report, has designed strategies for five key industrial sectors in Pakistan, highlighting significant opportunities for energy efficiency and decarbonisation to help the country manage soaring energy costs and meet its climate goals. The report ‘Pakistan Energy Efficiency: Industrial Energy Efficiency and Decarbonisation (EE&D)’, outlines strategies, targeting the cement, steel, fertiliser, textile, and paper and pulp industries. These plans aim to advance Pakistan’s energy conservation objectives and shape policy discussions between the WB Group and the government. The strategies are based on a comprehensive study the bank conducted from mid-2022 to 2023. While some manufacturers have already implemented EE&D technologies, the report identified major information, policy and financial barriers hindering wider adoption.