Meeting the steadily increasing demand for energy to support rapid economic growth, carrying out the Covid-19 recovery efforts and pursuing energy resilience will require embracing key innovations in the energy transition in the ASEAN region. One of the main issues in ASEAN’s energy transition is finance, as reflected in the conditionality status of the updated NDCs for which most of the AMS seek external funding to help them realise GHG emissions reduction.
The policy brief “Innovations to Drive the Energy Transition in the ASEAN Region” has been prepared by Suwanto, Monika Merdekawati, Gabriella Ienanto, and Beni Suryadi and published on ASEAN Centre for Energy. Several key actions relating to innovations to accelerate the energy transition in ASEAN are presented here, focusing on enhancing policy tools and processes, both technological and financial.
The policy brief can be downloaded here