The goal of the project is to help the FSM achieve its energy efficiency targets within three years. Contributions Conditional By 2030, increase access to electricity to 100% nationwide Conditional By 2030, increase electricity generation from renewable energy to more than 70% of total generation Conditional By 2030, reduce carbon dioxide emissions from electricity generation by more than 65% below 2000 levels Climate Change Co-benefits Mitigation Adaptation â¢ Carbon dioxide emissions reductions â¢ Reduced demand for and use of diesel fuel â¢ Reductions of non-CO2 diesel emissions, e.g., black carbon, methane (see SLCP section) â¢ Distributed renewable energy increases the resilience of the energy system to sea-level rise and extreme weather events â¢ Domestically produced renewable energy is less vulnerable than imported fossil fuels to climate change-induced disruption of global supply chains Means of Implementation Requirements The FSM National Energy Master Plans estimate an approximate cost of USD 296 million to implement the plans over a 20-year period, plus an added cost of approximately 5% of the total budget to provide additional capacity building and technical assistanceâe.g., for coordinating and monitoring implementationâover the course of the projects.