Environment Minister pledges to minimize Maldives dependence on fossil fuels
08 May 2014, 7:23 PM
Zaheena Rasheed
Minister of Environment and Energy Thoriq Ibrahim has called for increased investment in clean energy in the Maldives and pledged to minimize the country’s dependence on fossil fuels.
The government is working on a low carbon development strategy to improve energy security and strengthen the economy, Thoriq told participants of a one-day workshop at the Nasandhura Palace Hotel this morning.
The Environment Minister’s announcement comes at a time when President Abdulla Yameen has called for investment in oil exploration in the country.
Minister of Fisheries and Agriculture Dr Mohamed Shainee told Minivan News in late April that at least one investor is scheduled to visit the Maldives for discussions on exploration. Shainee had assured potential investors of presence of oil in the Maldives at a recent investment forum in Singapore.
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