Executive Order No. 448 to establish the Project Steering Committee for the Disaster Resilient Clean Energy Financing
Made 2021-05-28 · Text as of 2026-10-01
Public law and official guidance, published as research. Not legal, tax or financial advice.
About this law
- Language
- English
- Kind
- Regulation
- Country
- Palau
- Subjects
- Energy
- Keywords
- climate change, data collection/reporting, energy conservation/energy production, financing, hazards, institution, monitoring, renewable energy, protection of environment, risk assessment/management, governance
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Text
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1. Project Steering Committee. The Project Steering Committee for the Disaster Resilient Clean Energy Financing is hereby established. The Project Steering Committee shall be comprised of the following individuals: (!.)Minister of Finance or his designee, who shall serve as the Chairman of the Project Steering Committee; (2.) Minister of Public Infrastructure and Industries or his designee, who shall serve as Vice-Chairman of the Project Steering Committee; (3.) Director of Palau Energy Administration; (4.) President of National Development Bank; (5.) Representative of the Embassy of Japan in Palau; (6.) Representative of the Japan International Cooperation Agency; (7.) Representative of the Asian Development Bank; and (8.) Representative of the Palau Chamber of Commerce.
2. Duties and Responsibilities. The Project Steering Committee shall have the following duties and responsibilities: (1.) To guide the Disaster Resilient Clean Energy Financing project based on the identified goals and objectives; (2.) To provide strategic direction, guidance, and oversight of the project; (3.) To monitor the progress of the project and collaborate with other entities as necessary; (4.) To hold meetings as often as if necessary for the efficient work of the Steering Committee; (5.) To ensure that all grant requirements and project objectives are satisfied; and (6.) To report on the progress of implementation with quarterly reports.
3. The Committee membership may, during the course of the implementation of the project, be amended or expanded, provided such expansion is approved by a majority vote of the Committee members and reported in writing to the President. 2
4. The Bureau of Budget and Planning, or another Bureau within the Ministry of Finance, shall serve as the Secretariat for the Project Steering Committee, with the duties of the Secretariat determined by the Chairman of the Project Steering Committee.
5. At the call of the Chair, the Committee shall meet within fifteen days of the signing of this Executive Order, and thereafter shall meet at least quarterly, or more frequently as may be needed, and provide strategic direction, guidance, and oversight of the Project.
6. The Committee shall report to the President on their work and the progress of the project on a quarterly basis or when requested by the President. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal this e;;JYday of May 2021, at the Satellite Office in Koror, Republic of Palau. / Surangel S. Whipps, Jr. President, Republic of Palau 3