Category: Knowledge Center Asia

Integrated Approach to Green Fiscal for ASEAN: Report

Integrated Approach to Green Fiscal for ASEAN: Report

August 18, 2023 | , ,

There is a need to create an ASEAN Green Fiscal Policy Network (AGFPN) and an ASEAN Data Carbon Pricing Platform (ADCPP) for the AMS to meet and discuss through forums and dialogues to exchange and share ideas in green fiscal/ budgetary policy, instruments, tools, models and other issues and challenges that they might face in their efforts to adopt green fiscal consolidation towards a green economy in their respective states and the region.

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Thailand’s Clean Electricity Transition: IEA Report

Thailand’s Clean Electricity Transition: IEA Report

August 11, 2023 | , ,

Since the publication of its latest Power Development Plan (PDP) in 2020 (PDP 2018 Revision 1), Thailand has considerably increased its emissions reductions objectives, announcing a net zero greenhouse gas emissions target for 2065 and carbon neutrality for 2050. As the power sector is a large part of the country’s emissions, and because it has a key role to play in decarbonising other sectors, meeting these targets is possible only if the power sector is decarbonising too.

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Offshore Wind Market in Vietnam: GWEC Paper

Offshore Wind Market in Vietnam: GWEC Paper

July 14, 2022 | , , ,

The higher overall 2045 targets for onshore and offshore wind can ensure Vietnam is on track for Net Zero by 2050. This paper outlines the urgent need for a Route to Market process to enable the installation of 7+ GW offshore wind by 2030. In particular, this paper analyses international experience of offshore wind project development timelines and procurement mechanisms to propose an appropriate pathway for Vietnam to meet its PDP 8 targets by 2030.

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Strategy Paper for Establishment of Offshore Wind Energy Projects in India

Strategy Paper for Establishment of Offshore Wind Energy Projects in India

July 9, 2022 | , , ,

Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind farm development in India. Based on a multi-criteria approach involving assessment of various parameters such as wind resource, bathymetry etc., eight zones each off the coast of Gujarat and Tamil Nadu were identified as potential offshore wind energy zones.

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Japan’s Net Zero Journey Report

Japan’s Net Zero Journey Report

July 2, 2022 | , ,

The latest signs coming from the Japanese government’s policies and energy plans make the country’s net-zero goal look more and more distant. The country’s actions on the local and global energy stage are also concerning. Should Japan reconsider its priorities and cut out distractions, like hydrogen and coal and ammonia co-firing plants, the opportunities for a swift transition to a more resilient, sustainable and self-sufficient energy system is there.

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Southeast Asia’s Green Economy 2022 Report

Southeast Asia’s Green Economy 2022 Report

June 30, 2022 | , ,

Southeast Asia (SEA) is at an inflection point for climate change in 2022 as the region works to translate climate commitments to tangible action. In recent years, parallel momentum across the public and private sectors has resulted in promising developments. COP26 raised the region’s climate ambitions (8 of 10 countries now have a net-zero target), and Singapore and Indonesia piloted carbon taxes.

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Indonesia’s Energy Support Measures: Report

Indonesia’s Energy Support Measures: Report

June 28, 2022 | , ,

As the country has committed to reaching net-zero emissions by 2060, this inventory report of energy support measures in Indonesia explores whether the current fiscal policies are aligned with this goal. The first of its kind, the inventory identifies and quantifies support measures available for various energy types—including coal, oil and gas, renewable energy, biofuels, and electric vehicles—between 2016 and 2020.

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ASEAN Sustainable Finance Market 2021: Report

ASEAN Sustainable Finance Market 2021: Report

June 21, 2022 | , ,

The sustainable debt market in the 6 largest ASEAN economies continued to grow rapidly in 2021 with record issuance of green, social, and sustainability (GSS) debt totaling USD24bn compared to USD13.6bn in 2020. This growth reflects the regions’ enthusiasm to allocate capital for the response to the COVID-19 pandemic along with facilitating long-term, low carbon, and climate-resilient economic growth. 

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Southeast Asia Energy Outlook 2022: IEA Report

Southeast Asia Energy Outlook 2022: IEA Report

June 16, 2022 | , ,

The energy prospects for Southeast Asia have been affected by the Covid-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation’s invasion of Ukraine. Against this backdrop of new uncertainties and ambitions, this IEA report explores possible trajectories for Southeast Asia’s energy sector, differentiated primarily by the policies pursued by governments across the region.

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Renewable Energy Procurement Perceptions Among C&I Consumers in India: Paper by WRI

Renewable Energy Procurement Perceptions Among C&I Consumers in India: Paper by WRI

June 15, 2022 | , ,

This study was conducted to understand the awareness and perceptions of green tariffs (GTs). It was observed that small and medium enterprises (SMEs) are willing to pay a premium to avoid the hassles of negotiating contracts and overcome restrictions under existing procurement methods. Overall awareness of GTs and their adoption is low.

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Briefing on COVID-19 Green Fiscal Measures in ASEAN

Briefing on COVID-19 Green Fiscal Measures in ASEAN

June 4, 2022 | , ,

To achieve the twin targets of improving the fiscal situation post-COVID-19 while realising the energy transition targets, governments should integrate a green perspective into budgetary consolidation efforts. ASEAN countries may consider the following policy options: Green Fiscal Consolidation, Green Conditionality, Leveraging Private Participation, and Mobilising Global and Regional Funding.

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Report on Decarbonizing China’s Road Transport Sector

Report on Decarbonizing China’s Road Transport Sector

May 31, 2022 | , ,

According to the study, if China implements all its stated policies, road transport’s GHG emissions in 2060 would decline by 50 percent from the 2020 level. Further, if radical structural changes and vehicle electrification occur, road transport’s GHG emissions in 2060 would reduce by 95 percent from 2020’s level, fulfilling China’s 2060 carbon neutrality commitment.

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Renewable Energy Solutions for District Heating in Mongolia

Renewable Energy Solutions for District Heating in Mongolia

May 30, 2022 | , , ,

IRENA is supporting Mongolia in the decarbonisation of its building sector through the implementation of renewable energy solutions in district heating systems. The support is designed to contribute to building the capacity of Mongolian stakeholders to develop a Strategic Heating and Cooling Plan (SHCP). IRENA is collaborating with the Mongolian Ministry of Energy to organise virtual capacity building events on Integrating Renewable Energy Solutions in Mongolia’s District Heating Systems.

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ASEAN Decarbonisation Pathway: Policy Briefing

ASEAN Decarbonisation Pathway: Policy Briefing

May 19, 2022 | , ,

Progression of variable renewable energy, electric vehicle, and smart microgrid among the ASEAN Member States is facilitated through policy mapping. AMS have concrete policies and targets for variable renewable energy as part of their existing renewables implementation frameworks; solar power is expected to be a significant contributor to the total renewables generation.

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CBI’s Post-Issuance Reporting in China’s Green Bond Market 2022

CBI’s Post-Issuance Reporting in China’s Green Bond Market 2022

May 10, 2022 | , ,

By shedding more light on reporting practices, the aim is to understand the availability and attributes of disclosure on the use of proceeds (UoP) and environmental impacts/benefits of the projects, assets and activities financed by green bonds. This can identify avenues for improvement and spur more informed discussions among various market participants.

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Transforming China’s Chemicals Industry: RMI Report

Transforming China’s Chemicals Industry: RMI Report

May 6, 2022 | , ,

China is the world’s largest producer and consumer of chemical products. China’s chemicals industry accounts for 20 percent of total national industrial emissions and 13 percent of the country’s total CO2 emissions. The zero-carbon transformation of the chemicals industry is critical to the national goal of carbon neutrality and the low-carbon transformation of the global chemicals value chain.

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