Liberia has a Vision (“Liberia RISING 2030”) aiming for Liberia to become a Middle Income Country by the year 2030, this includes, and proposes the targets of 70% of Monrovia to be connected to the electricity grid and 35% of the rural areas of Liberia connected to mini-grids/isolated, stand-alone units by 2030. The Government, through the Ministry of Lands, Mines and Energy (MLME) in May 2009 adopted its energy strategy and relevant targets (access, capacity, generation, energy security) in the National Energy Policy for Liberia (NEPL); an Agenda for Action and Economic and Social Development with the technical and financial assistance from USAID.
The Poverty Reduction Strategy and the follow up Agenda for Transformation strive to consolidate peace and security, revitalize the economy, strengthen governance and the rule of law; and rehabilitate infrastructure and delivering basic services.
The Agenda for Transformation (AfT) recognizes that investments in energy to unlock the urban and rural economies have the greatest return on investments and should be prioritized by expanding electricity access throughout the country
The principal objective of the National Energy Policy was to ensure universal access to modern energy services in an affordable, sustainable and environmentally-friendly manner in order to foster the economic, political, and social development of Liberia. This is to be achieved by good governance and ensuring financial transparency in all sector transactions, overcoming the signifant obstacles to private sector investment in energy supply; and creating the requisite institutional and legal framework and an independent regulatory regime.