What is the impact of a solar energy project in Kiribati?

The project is aligned with the following impact: renewable energy generation increased and greenhouse gas emissions reduced in Kiribati. The project will have the following outcome: generation and utilization of clean energy in South Tarawa increased.24 13. Output 1: Solar photovoltaic and battery energy storage system installed.

Who generates electricity in Kiribati?

Sector context. Grid-connected electricity in Kiribati’s capital, South Tarawa, is generated and distributed by the Public Utilities Board (PUB), a state-owned electricity, water and sewerage utility.

Is Kiribati a Nationally Determined Contribution?

18Government of Kiribati. 2015. “Kiribati Intended Nationally Determined Contributions”. South Tarawa. 19ADB. 2019. Report and Recommendation of the President to the Board of Directors: South Tarawa Water Supply Project. Manila. 4

Is Kiribati Isa compliant?

21. The International Standards on Auditing (ISA) serve as the auditing standards applicable in Kiribati and the Kiribati Audit Office (KAO) is required for ISA compliant audit for all public and state-owned entities.

How are invoices processed in Kiribati?

For all government accounts, invoice processing procedures are specified in the Kiribati Financial Regulations (2011). Vouchers for payment are prepared for each project invoice received by Government, in a form prescribed by the Accountant General.

Are there accounting standards in Kiribati?

Finance (Control and Audit) Act), but there are no national accounting standards in Kiribati, and no institutions officially compliant with international public sector accounting standards (IPSAS). In absence of national standards, the SOEs, including PUB, follow GAAP.