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.
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 […]
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.
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.
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 […]
ASEAN in general had avoided the full brunt of the pandemic in 2020 by closing borders early and restricting mobility. Hopes of a nascent recovery seen in late 2020 and early 2021 were quickly quashed when waves of a more contagious Covid variant swept through the region at a time when vaccination rates were still […]
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 […]
France’s TotalEnergies and Japanese energy group ENEOS Holdings said that they will team up to sell electricity generated from solar power to Asian businesses.
The Australia-Asia PowerLink will deliver power generated from the world’s biggest solar farm in Australia to Singapore through overhead and undersea cables. The project, estimated to cost A$30 billion (US$22.4 billion), involves the development of a solar plant covering over 12,000 hectares in the town of Tennant Creek, approximately 990km from the town of Darwin. The harnessed […]
Region needs to build a stronger foundation with a focus on the green economy, new approaches to tourism and a greater commitment to free trade.