Decree No. 467/GOL on the Energy Promotion and Development Fund.

This Government Decree establishes the principles and regulations for the organization, management, and use of the Energy Promotion and Development Fund (EPDF) in the Lao PDR. It aims to mobilize financial resources from various sectors to support the sustainable development of the energy industry, particularly focusing on rural electrification and renewable energy initiatives.
The Government Decree defines the sources of the fund, which include state budget allocations, contributions from energy concession projects, and donations from domestic and international organizations. These funds are designated for financing energy infrastructure, technical research, and the promotion of energy efficiency, ensuring that energy access is expanded to remote and underserved areas of the country.
Specifically, the Government Decree outlines the governance structure of the fund, including an Executive Board and a dedicated Secretariat office. It mandates strict financial management procedures, requiring regular audits and quarterly reporting to the government to ensure that the fund’s assets are used transparently and effectively for the benefit of the national energy sector.