ASEAN
The Illusion of Progress: Dissecting ASEAN’s 35% Renewable Energy Target by 2025
ASEAN's target is insufficient to meet Southeast Asia's climate goals. To stay within a 1.5°C pathway, the region must adopt more ambitious renewable energy policies, focusing on the rapid scaling of solar and wind, drawing from Vietnam’s example.
Southeast Asia’s New Gas Projects Hit Record High, Report Shows
Southeast Asia is ramping up investment in new natural gas fields. However, this new gas emits even more CO2 emissions when used for the region's power sector. Renewables offer both a cheaper and more environmentally friendly alternative.
Southeast Asia Prefers Renewables, But Misplaced Fears of High Costs Delay Adoption
Southeast Asia has immense clean energy potential, and experts estimate that capitalising on it will unlock massive gains. With renewables being the cheapest source of new power in countries comprising two-thirds of the global population and responsible for 90% of electricity generation, switching to renewables will help Southeast Asian countries ease the burden of fossil fuel subsidies on their economies.
The Role of the Asian Development Bank in Southeast Asia’s Energy Transition
To ensure a seamless and successful energy transition, ASEAN countries should actively pursue public funding, regional cooperation and energy market redesign. How is the Asian Development Bank aiding the transition to clean energy?
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