"Policy certainty" refers to the state of knowing and understanding the rules, regulations, and decisions that government or organizations will follow in the future. It means having a clear and predictable understanding of what is expected, allowing individuals and businesses to make informed plans and decisions.
Full definition
That, and new rules around how renewable energy projects qualify for the credit, provide an unprecedented five years
of policy certainty for the wind energy industry.
Investors — in particular, those making large investments in areas such as infrastructure and power generation — need long -
term policy certainty.
«Yellen's hands are tied, and will be, until there's
more policy certainty from the incoming president,» Robin Bhar, analyst with Societe Generale SA, told Bloomberg.
Leading pension funds say they want to back green economy but need greater
policy certainty from governments
But as most renewable energy reports conclude these days, this headway will only continue
with policy certainty.
To ensure that the incentives are there for technological advancement and investment, they will also have to
provide policy certainty — something that hasn't been forthcoming in recent years, as subsidies fluctuate and policy measures are repealed or changed.
Letter from 50 construction and property business leaders calls on government to deliver long - term green building policy certainty
If the government had
wanted policy certainty it could have accepted Labor's offer to support the Clean Energy Target.
After years of inconsistent and retroactive policy support from Congress, the wind and solar industries can operate with a level of
policy certainty last seen in the 1990s.
President of Agri SA, Dan Kriek also adds: «We enthusiastically applaud the practical steps outlined to
ensure policy certainty «reduce government departments «grow the local economy «attract investments «boost the manufacturing sector and grow the small business environment.»
But it's not all doom and gloom, he says: «We expect the new ANC leadership to deliver
improved policy certainty during 2018.
Nigeria needs a single FX policy and South Africa needs
more policy certainty,» said Aly - Khan Satchu, CEO of Rich Management in Nairobi.
After a tumult - filled start to the year, executives and investors should take a moment to enjoy a rare period
of policy certainty.
«The Public Service Commission must now look to provide long
term policy certainty, so that solar customers and developers can continue to invest in clean and local solar.»
«One of the things you need is more
policy certainty — the challenge for us is where we can clear away party politics and provide you [industry figures] with long - term policy security.»
On part loaded condition the marginal cost of electricity from diesel generator could be higher than 20 Rs / kWh (US$ 0.31), but due to the lack of
policy certainty and delays in decisionmaking, we are yet to achieve goals set up for «Greening the Islands».
«What businesses want is
policy certainty,» an environmental expert for a large international energy company said.
SA needs
policy certainty - especially on energy policy - to attract significant infrastructure investment, says Minister of Energy Jeff Radebe.
«By passing this bill, Congress has finally given the solar energy industry «
policy certainty» that will attract investment, expand manufacturing and lower the cost of solar energy to consumers,» said Roger Efird, SEIA chairman and president of Suntech America, a Chinese solar power manufacturing company.
Policy certainty, incentives, regulation and international co-operation are required to meet stated ambitions and transform the global energy system.
And yet, the EU wind energy sector would benefit from
policy certainty that stretches way into the future.
«While REDD + is finished on paper, the Paris global deal must provide
the policy certainty to implement REDD + on the ground.»
But
policy certainty that promises support, Bode said, creates a «positive feedback loop» by driving development.
However, construction activity is expected to gain momentum in coming quarters with
the policy certainty.