Afghanistan’s High Potential for Renewable Energy Investment, Says UNDP

DID Press: United Nations Development Programme (UNDP) has highlighted Afghanistan’s high potential for attracting investment in renewable energy, particularly solar and wind power.

Mohammad Naseem Ataie, an economist at UNDP in Afghanistan, emphasized that with the implementation of proper economic policies and risk reduction, the country could attract responsible investments in sectors like solar and wind energy.

Such investments could help drive the country’s sustainable growth and reduce dependency on foreign resources.

However, challenges such as the lack of clear legal frameworks and insufficient guarantees have deterred investors, who are concerned about the economic instability and political uncertainties in the country.

International organizations have repeatedly stressed the need for addressing these issues and creating a favorable investment environment.