183x Filetype PPTX File size 0.90 MB Source: prdrse4all.spc.int
Contents Background Opportunities & Barriers Business Models Discussion 2 Background 3 Brief highlights on transport sector in Fiji The transport sector (land, marine, and domestic aviation) is the primary consumer of fossil fuels in Fiji. Transport sector is the major GHG emissions contributing sector in Fiji – 64% of energy sector emissions and 39% of overall emissions, mostly from road vehicles (71% passenger cars and 18% trucks). The transport sector contributes about 12% towards Fiji’s GDP and has 30% capital budget allocation annually. This sector is also highly vulnerable to natural disasters. It accounts for 46% of annual asset losses from disasters and will require an estimated investment of FJ$4.3 billion to increase sector resilience 4 Fiji’s NDC Target 5 Fiji’s NDC Investment Plan T16 – Electric Policy/ Technical Assistance Investment Vehicle Network Needs Development Description • This opportunity focuses on the import of new EVs and their charging stations & installation. • Included in this opportunity are regulatory means to address end-of-lifecycle issue for proper battery disposal. This opportunity will be implemented first through Government leasing, and later through private sector uptake. • The investments determined in this opportunity do not include the investment needed to increase power generation capacity and strengthen the power distribution system in Fiji. Key • Regulatory standards for policies related to both vehicles and Investment is needed to Implementation infrastructure will be required by MCTTT, MIMS, provide capital for milestones • Associated SOEs (LTA, EFL, FRA, etc.) will require technical training for lending associated with the development of standards for EV performance and charging network both the EV charging development/maintenance. infrastructure and EVs themselves. Outcomes Primary Outcomes: Reduced GHG emissions through the use of Evs; Establishment of a distributed charging network Secondary Outcomes: Removal of localized emissions and air pollutants from land transport-based ICEs Improved integration of transport and electricity generation/storage sub-sectors. 6
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