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. Green investment has picked up: The region has seen $15 billion in cumulative investments since 2020, with the majority going to renewables and the built environment.

This report jointly produced by a collaboration between Bain & Company, Microsoft, and Temasek, assesses SEA’s decarbonization themes by carbon abatement potential and investment attractiveness. It is based on interviews with investors and industry experts, sector screening, and deep dives into priority sectors. Five priority sectors are the most investable and will contribute 60% of SEA’s carbon abatement potential: forest conservation, renewables (solar and wind), electric mobility, sustainable farming, and the built environment.

Download the report here