ANNEX 1: OFFLINE RISK LOG # Description Date identified Type Impact & Countermeasures/Mgt. response Owner Submitted, Last Update Status Probability updated by Policy: Framework to During PIF Policy P=3 There exists the possibility that the CO to encourage the private sector formulation and I=3 Government may not act soon enough on a monitor. to invest in renewable PPG policy framework that will encourage the energy-based rural energy implementation. private sector to invest in renewable services. energy-based rural energy services; as examples, the 2003 Energy Policy and the 2013 Renewable Energy Policy have been in draft form for quite some time. If this were to happen, project implementation will get hampered. However, the Government is strongly motivated to provide access to modernised energy services to the large rural population that utilises traditional forms of energy, to improve their quality of life and for income-generating activities, and is driven by its plans to meet both the objectives of the Lesotho Vision 2020 and the S4All Initiative. Towards this end, it only very recently approved the new 2015 Energy Policy, thus sending the right signal to stakeholders. With regard to the 2013 Renewable Energy Policy, it is still in draft form. However, the donor community will work with the newly-installed Government to have the right policy in place and preliminary indications are that this may materialise sooner, rather than later. Moreover, project interventions under Component 1 will assist in mitigating this risk. Institutional: Dependence During PIF Policy P = 3 The risk of continued dependence on CO to on SAPP imports could formulation and I = 3 electricity import from the South African monitor.
ANNEX 1: OFFLINE RISK LOG # Description Date identified Type Impact & Probability Countermeasures/Mgt. response Owner Submitted, updated by Last Update Status Policy: Framework to encourage the private sector to invest in renewable energy-based rural energy services. During PIF formulation and PPG implementation. Policy P=3 I=3 There exists the possibility that the Government may not act soon enough on a policy framework that will encourage the private sector to invest in renewable energy-based rural energy services; as examples, the 2003 Energy Policy and the 2013 Renewable Energy Policy have been in draft form for quite some time. If this were to happen, project implementation will get hampered. However, the Government is strongly motivated to provide access to modernised energy services to the large rural population that utilises traditional forms of energy, to improve their quality of life and for income-generating activities, and is driven by its plans to meet both the objectives of the Lesotho Vision 2020 and the S4All Initiative. Towards this end, it only very recently approved the new 2015 Energy Policy, thus sending the right signal to stakeholders. With regard to the 2013 Renewable Energy Policy, it is still in draft form. However, the donor community will work with the newly-installed Government to have the right policy in place and preliminary indications are that this may materialise sooner, rather than later. Moreover, project interventions under Component 1 will assist in mitigating this risk. CO to monitor. Institutional: Dependence on SAPP imports could During PIF formulation and Policy P = 3 I = 3 The risk of continued dependence on electricity import from the South African CO to monitor.
Draft%20SE4All%20Prodoc.docx