Category: Knowledge Center Asia

Southeast Asia’s Green Economy: Report

Southeast Asia’s Green Economy: Report

May 9, 2025 | , ,

Southeast Asia (SEA) stands at a pivotal juncture in its green transition. Over the past decade, the region has demonstrated growing ambition, heightened awareness, and early decisive steps toward sustainable development. Yet, progress has been uneven—and with only five years remaining to meet the critical 2030 climate targets, SEA is not yet on track to fulfill its climate pledges. This report explores pathways for SEA to enter the next phase of its green transition—one centered on value creation, where decarbonization must unlock economic competitiveness, job creation, and energy resilience. 

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APAC Energy Transition Readiness Assessment: Report 

APAC Energy Transition Readiness Assessment: Report 

May 2, 2025 | , , ,

The energy transition readiness assessment (ETRA) framework provides a structured, data-driven, and forward-looking approach to evaluate and analyze the readiness of developing Asian countries for energy transition. Most developing Asian countries require significant efforts to close the energy transition gaps to enable an effective transition, yet the readiness landscape is varied, indicating distinct opportunities and challenges among countries. Developing Asia’s energy transition readiness will be determined, in part, by the quality of its energy infrastructure, its ability to handle climate shocks, the flexibility of its power system, and readiness for digital solutions.

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Role of Green Hydrogen in Indian Steel Sector: Paper

Role of Green Hydrogen in Indian Steel Sector: Paper

April 10, 2025 | , , ,

Analysis in the whitepaper shows, under India’s 2070 net zero scenario, the green H2-DRI and electric arc furnace (EAF) route is expected to contribute 13% of the projected 403 MMTPA crude steel output by FY50, growing to 41% of 597 MMTPA by FY70. Green hydrogen demand in the steel sector is expected to grow at a 13% CAGR, reaching 15.15 MMTPA by FY70. In the accelerated net-zero 2050 scenario, H2-DRI steelmaking route shall contribute to 39% of the crude steel production with green hydrogen demand of 9.82 MMTPA by FY50.

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China’s Zero Emission Truck Market: Paper

China’s Zero Emission Truck Market: Paper

April 3, 2025 | , , ,

This overview of China’s zero-emission medium- and heavy-duty vehicle (ZE-MHDV) market covers medium and heavy straight trucks, tractor-trailers above 3.5 tonnes, and city buses and coaches. Sales of ZE-MHDVs in China spiked twice in the last decade: the first in 2015–2016, underpinned by government subsidies, and the second in 2024, with a historical high of more than 230,000 sales. Sales of ZE-MHDVs boomed in Q4, thanks to a strong macroeconomic stimulus package released by the Chinese government in September. 

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GX Green Transformation in Japan: Report

GX Green Transformation in Japan: Report

March 20, 2025 | , ,

Climate Bonds has identified three key policy opportunities for Japan in the coming year. First, enhancing national energy security by leveraging renewable energy to drive regional revitalization. Second, asserting global leadership by providing innovative solutions for the energy transition. Finally, positioning Tokyo as Asia’s leading hub for transition finance to attract investments and accelerate the green transformation.

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China Energy Update: Briefing

China Energy Update: Briefing

March 7, 2025 | , , , ,

China added 79.3 GW of wind capacity in CY2024, 18% of the total new capacity, +5% y-o-y. Like with solar, China represented ~60% of global wind capacity additions in CY2024. December saw China install 28.5 GW of new wind, 25% of the month’s newly installed capacity. 14.4 GW of hydropower capacity was added in CY2024, representing 3% of total new capacity, a 79% y-o-y growth. 3.9 GW of nuclear capacity was added to the grid in CY2024, representing 1% of the total new added capacity, a 184% increase on 2023.

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Achieving 500 GW of Renewables in India: EMBER

Achieving 500 GW of Renewables in India: EMBER

February 28, 2025 | , , , , ,

This report “Navigating risks to unlock 500 GW of renewables by 2030” by EMBER highlights key challenges in India’s renewable energy (RE) sector that could increase the cost of capital, potentially hindering the sector’s growth. Addressing these risks through targeted policy measures, innovative contracting mechanisms and proactive expectation management is crucial for maintaining a steady flow of investments. Collaborative efforts from project developers, financiers and policymakers will be indispensable in mitigating these risks and ensuring the successful realisation of India’s ambitious RE targets.

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China’s Green Power Procurement Market Outlook: Report

China’s Green Power Procurement Market Outlook: Report

February 28, 2025 | , ,

In pursuit of the overarching target of accelerating the construction of the New Power System, China’s installed capacity of wind and solar power has sustained rapid growth. By the end of the third quarter of 2024, the total installed capacity of wind and solar power reached 1.25 TW, exceeding the 2030 target ahead of schedule and surpassing the installed capacity of coal power. Meanwhile, power market reforms have been advancing steadily, which has prompted corporations to improve their green power procurement strategies and actively seize opportunities. The ability of spot markets to effectively discover energy prices has been further enhanced.

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Decarbonising Indonesia’s Transport Sector: Paper

Decarbonising Indonesia’s Transport Sector: Paper

February 19, 2025 | , ,

Indonesia pledged its target of net-zero emissions by 2060 or sooner as part of global efforts to curb the negative impacts of climate change. In achieving the net-zero target, the transportation sector, as the second-largest emissions contributor in Indonesia, needs to be transformed so that the emissions trajectory from the transport sector is aligned with a net-zero pathway. This paper “Roadmap to zero: The pace of Indonesia’s electric vehicle transition” by  International Council On Clean Transportation outlines the key steps and milestones necessary for achieving Indonesia’s goal of decarbonizing its transport sector.

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Fixing Bangladesh’s Power Sector: Report

Fixing Bangladesh’s Power Sector: Report

January 31, 2025 | , , , ,

The report summarises that the Bangladesh Power Development Board (BPDB) continues to depend on hefty subsidy support from the government, despite a series of power tariff hikes, highlighting the need for reforms in the electricity sector. The proposed roadmap for reform suggests improving power demand forecasting methods by factoring in the role of energy efficiency to reduce overcapacity. It recommends limiting new investments in fossil fuels-based generation while promoting renewable energy deployment.

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Offshore Wind in the Philippines: Report

Offshore Wind in the Philippines: Report

January 24, 2025 | , , ,

The Philippines is aiming to build a domestic offshore wind industry and has incorporated offshore wind into several policy and deployment initiatives. In parallel, the Philippines has also been a leader in incorporating renewable energy zones (REZs) into power sector development and transmission plans. The objective of this study, conducted by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in partnership with the Philippines Department of Energy, is to incorporate offshore wind resources into the Philippines’ already established competitive renewable energy zones (CREZs) to support national transmission planning.

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Rooftop Solar Savings for Japanese Households: Brief

Rooftop Solar Savings for Japanese Households: Brief

January 17, 2025 | , , ,

Policy interventions such as tax credits and feed-in-tariffs, have been shown to increase adoption of rooftop solar across the UK, EU and US. Zero Carbon Analytics calculated that Japanese households with solar panels in FY 2020 would have saved on average nearly 135% compared to those without, receiving a net benet of JPY 37,422. Households saved over JPY 143,000 in total from reductions in electricity bills and payments from the sale of excess solar power.

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Sustainable Aviation Fuels in Southeast Asia: IRENA

Sustainable Aviation Fuels in Southeast Asia: IRENA

January 10, 2025 | , , ,

The findings of this report emphasise the urgency of accelerating the sustainable scale-up of biofuel supply chains in Southeast Asia. In the near term, biofuels remain the most viable option for significantly reducing aviation emissions. However, securing feedstock, especially from energy crops, is not something that can be achieved overnight: it requires strategic planning, infrastructure and investment. Careful planning, informed by science with social dynamics considered, especially in the context of Southeast Asia, should begin as soon as possible to minimise the risk of unintended environmental impacts.

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Low-Carbon and Just Energy Transition in Asia: Report

Low-Carbon and Just Energy Transition in Asia: Report

December 16, 2024 | , ,

The central focus of this report “Toward A Low-Carbon And Just Energy Transition In Developing Asia” by The Asian Development Bank is on the just energy transition away from coal and toward a low-carbon future in Asia and the Pacific. It encompasses a range of topics, from coal-fired power plant retirement and carbon pricing to renewable investment, infrastructure development, and the mobilization of development financing to transform energy systems. 

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India’s Journey to Net Zero: EY 

India’s Journey to Net Zero: EY 

December 13, 2024 | , ,

This whitepaper sets the stage for an in-depth exploration of India’s energy transition, a pivotal movement that addresses not only the nation’s burgeoning energy demand but also its commitment to global climate responsibilities. With a rapidly growing economy and the world’s most populous country, the demand for energy is soaring. Yet, the country stands at a crossroads, where traditional sources of energy are being re-evaluated in the face of environmental imperatives. India’s response to this challenge is a testament to its resilience and innovative spirit.

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Benchmarking Green Hydrogen in India’s Energy Transition: Paper

Benchmarking Green Hydrogen in India’s Energy Transition: Paper

December 6, 2024 | , , ,

In the analysis, the authors link green hydrogen production costs with the cost and availability of renewable energy (RE) generation, which is measured by its capacity utilisation factors (CUFs). They also calculate the premium, if any, of using green hydrogen compared to energy-basis equivalent costs of fossil fuels for a range of applications.

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China’s Industrial Clean Power Policies: Paper

China’s Industrial Clean Power Policies: Paper

December 6, 2024 | , ,

The paper “Clean Power for Industry in China: Policy Enablers for the Industrial Sector” by the World Economic Forum concludes that in the next decade, China is set to expedite industrial decarbonization, with the intention of shifting from controlling energy consumption and intensity to controlling carbon emissions and carbon intensity. In this process, the government could play a much more proactive role in identifying practical applications and boosting businesses’ confidence to participate. 

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Green Public Procurement in Indonesia: Report 

Green Public Procurement in Indonesia: Report 

November 29, 2024 | , ,

Public procurement in Indonesia accounts for a substantial portion of the government’s spending—over 45% in 2022. This corresponds to approximately 6.6% of the total nominal GDP, highlighting the potential of GPP to drive significant environmental, social, and economic benefits. GPP is already anchored in key national plans and strategies as a tool for fostering a sustainable transformation of the economy. Indonesia has also developed a framework of laws and regulations to support GPP. While there is a growing awareness and adoption of GPP in Indonesia, challenges remain.

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China’s Climate Technology Investment Market: Report

China’s Climate Technology Investment Market: Report

November 22, 2024 | , ,

To overcome the financing difficulties in the early stages of climate technology development and to promote efficient capital flow and allocation, this report, based on the status of China’s climate technology development and investment market, focuses on the specific challenges faced by startups in climate technology investment and financing. It systematically analyzes the core influencing factors and proposes strategies from three dimensions — scientific modeling, platform development, and financial product innovation — to support the construction of a sustainable investment and financing ecosystem.

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Energy Transition Investment Outlook: KPMG

Energy Transition Investment Outlook: KPMG

November 22, 2024 | , ,

As the energy transition accelerates, massive investment opportunities are emerging across multiple sectors. These are driven by the need to expand renewable energy capacity, improve energy and resource efficiency, and upgrade related infrastructure. This report “Energy transition investment outlook: 2025 and beyond” by KPMG tracks the investor perspective on the energy transition, emphasising the importance of increasing, sustained and collaborative investment.  It explores how a wide range of forces (such as public policy, market dynamics, technological progress and financial innovations) drive investment.

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