ASEAN green initiatives can generate additional USD300 bil by 2030

KUALA LUMPUR: ASEAN could generate an additional USD300 billion annually in green revenues and unlock up to USD1.5 trillion in new value by 2030 with advancing green investments and cross-border collaboration in regional power grids, carbon markets, and clean energy incentives (USD1=RM4.23).

ASEAN should cut political risk to attract grid investors

The new chief of the ASEAN Centre for Energy expects a breakthrough this year. The 10 members of the Association of Southeast Asian Nations (ASEAN) should cut political risk by adopting coherent policies that will attract almost $700b in investments needed to build a regional power grid.