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World Bank is launching a multi-year regional technical assistance program, Clean Energy and Power trade development in Southeast Asia with ASEAN Centre for Energy (ACE) as its Implementing Agency. The proposed program is part of the Multi-Phased Approach (MPA) program, Accelerating Sustainable Energy Transition (ASET or “Initiative”), which aims to accelerate renewable energy (RE) development in ASEAN countries including analytical support and capacity building to develop RE investments and promote regional power trade. The proposed ASET initiative is designed to be in line with World Bank’s Global Challenge Program on Energy Transition (GCP-E).