Energy

The green sector offers a huge investment opportunity in Southeast Asia’s largest economy, with energy and transportation alone requiring some $245 billion in climate funding.

Rapid population growth, aging populations, climate change, and urban migration just among trends that will shape transport systems and significantly alter mobility in the region.

Incorporating environmental, social, and governance norms in planning and offering incentives for fundraising can help add more green projects to the pipeline.

The Agus-Pulangi hydropower plants will be rehabilitated and expanded to enable the early retirement of coal-fired power plants.

The partnership is the first of its kind in Asia–Pacific and has the potential to be one of the largest carbon reduction programs on the planet.

A study from ERIA proposes deploying energy saving rules for commercial buildings, clean electricity, and smart transport.

Policies that encourage PPPs and relaxed taxes and levies are among recommendations.

At a virtual forum, top officials from BIMP-EAGA countries talked about energy cooperation, including the supply of clean and affordable electricity across borders.

Countries urged to come up with a common definition, assess health and safety hotspots, and replicate mechanisms to foster coordination, among others.

Set on 23–24 August, the online event brings together big names from government and industry.