Southeast Asian nations face growing energy security challenges
Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is a significant vulnerability in the energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve efficiency, accelerate renewable power generation and switch to low emissions fuels, said the International Energy Agency.
Joining the EV revolution in Asean
Governments in Southeast Asia are floating very ambitious plans to capture a share of the electric vehicle market. And rightfully so.
ABeam upbeat on electric vehicle industry
The electric vehicle (EV) industry in Thailand is expected to grow rapidly after the pandemic is controlled, given the government’s greater efforts to boost EV sales and production, says global consulting firm ABeam Consulting (Thailand).
Southeast Asian nations need to accelerate their clean energy transitions
Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is proving to be a significant vulnerability in today’s energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve energy efficiency, accelerate renewable power generation and switch to low emissions fuels, according to […]
South-east Asia ‘must accelerate renewables
The International Energy Agency (IEA) is calling for “major efforts”, including from international financing, to boost energy efficiency, renewable power and low emissions fuels in south-east Asia.
PH eyes opportunities in ASEAN+3 initiatives
Finance Secretary Carlos G. Dominguez III said the Philippines is looking forward to future initiatives under the umbrella of the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate the country’s shift from coal to sustainable energy sources.
US to boost ASEAN energy transition spending
US president Joe Biden will announce $150mn in new US spending in southeast Asia to promote development of renewable energy and infrastructure, as well as maritime security, when he hosts leaders of ten ASEAN nations on Friday. The spending package includes $40mn in development finance that could unlock up to $2bn in private investment in […]
Seizing new growth opportunities for ASEAN
AS ASEAN economies continue their path to safely reopening and getting back to business, they must also manage growing economic challenges and identify how best to seize new opportunities for a resilient, inclusive, and sustainable recovery. The first challenge is the Russian invasion of Ukraine which has caused tremendous suffering and sent shockwaves across the […]
