Tag: asean

ASEAN-Japan Energy Efficiency Partnership: Report

The report was developed based on the outcomes and recommendations from AJEEP Scheme 2 Training of Trainers from 2016 – 2021, with valuable experiences, technologies and knowledge transfers from Japanese and AMS experts to 10 ASEAN Member States. Deep appreciation is extended to the Energy Efficiency and Conservation Sub-sector Network (EE&C-SSN) Coordinator and Focal Points for the input and feedback in the preparation of this report, as well as their continued support and participation in implementing AJEEP Scheme 2.

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Solar PV Utilisation in ASEAN: Report

The study examines the use of Solar PV+ in ASEAN nations and its possible effects on the energy sector. The term “Solar PV+” itself designates a method or technology that expands the capabilities of conventional solar photovoltaic (PV) systems. This may entail integrating extra elements like energy storage devices, smart grid technology, or other renewable energy sources to increase the overall efficiency and efficacy of solar power generation.

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Promoting Renewables: Uptake of clean energy in Maldives

The Maldives has been naturally bestowed with abundant renewable energy resources that include solar, wind, and ocean. Utilisation of these renewable energy sources will offer the potential to reduce electricity generation costs, fuel imports and fiscal burden on the government in the country. According to data by the International Renewable Energy Agency, the share of renewable energy in the total energy mix of Maldives is just 6 per cent.

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Green Fiscal Stimulus in Vietnam and China: Paper

Using the case of two emerging economies, Indonesia and Vietnam, this paper investigates whether the stimulus plans align with a country’s sustainable energy and climate targets. This study finds that despite ambitious country targets for green energy transition, these countries may miss opportunities for a green future due to limited fiscal measures directed to green recovery. The pandemic has exacerbated public fiscal budgets that may further limit the capacity to fund green projects.

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ASEAN Energy Outlook 2020 – 2050: Report

This 7th edition of ASEAN Energy Outlook reports the latest status of ASEAN’s energy landscape. It also projects multiple realistic futures to gather insights for exploring a more challenging time ahead. Using historical data from 2005 to 2020, the report forecasts the ASEAN energy system until 2050. As with its predecessors, AEO7 complements the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016–2025 Phase II: 2021–2025

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Renewable energy outlook for South East Asia

Southeast Asia stands at a crossroads. Either it can continue its reliance on fossil fuels – more of which are coming from non-indigenous sources, thereby increasing exposure to volatile, and increasingly expensive, global commodity markets – or the region can utilise the ample, affordable and indigenous local renewable energy resource in an energy transition pathway.

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Indonesia Green Taxonomy 1.0: Yellow Does Not Mean Go

A green taxonomy is a list that classifies all business activities based on their contribution to environmental aims and thresholds. Launched in January 2022, Indonesia’s Green Taxonomy 1.0 has been designed mainly as a guidance, rather than a mandatory instrument. This, however, may expand in the future, for example, through mandatory disclosures of taxonomy-relevant investment portfolios.

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Charging Infrastructure to Accelerate ASEAN’s Electric Vehicle Deployment

The electric vehicle (EV) has been regarded as a key player in decarbonising the transportation sector. The EV market in the ASEAN region recorded a value of USD 498.93 million in 2021, which is expected to reach USD 2,665.3 million in 2027. Nevertheless, the lack of EV charging infrastructure has been identified as one of the main challenges in accelerating the adoption of electric passenger cars.

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ASEAN RE-Gender Roadmap: Report

ASEAN is developing this regional roadmap in order to incorporate a gender-responsive approach specifically relating to RE policymakers.  This roadmap aims to chart a pathway which weaves women’s potential contributions into ASEAN’s emerging renewables market, creating a positive snowball effect which promotes gender equity, accelerates climate mitigation efforts and bolsters RE investments.

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International Collaboration for Net Zero in ASEAN

The brief emphasises the need for international and regional cooperation. International collaboration, combined with financial and technical assistance, is critical in addressing both the challenges and opportunities to support the low carbon energy transition and net zero goals. It can help bridge gaps and strengthen capacities, both financial and human capital, and assist the ASEAN Member States (AMS) in achieving their energy and climate objectives.

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We need the industry to decarbonise: Singapore’s Minister of State Low Yen Ling

Today, the power sector contributes about 40% of Singapore’s carbon emissions. To reach our net-zero emission goal by 2050, we need the industry to decarbonise. Last year, the EMA announced the Singapore Energy Transition plan to decarbonise the power sector whilst ensuring that our energy system remains secure and reliable. Singapore will harness and tap on four switches to transform our energy supply – natural gas, solar, regional power grids and emerging low-carbon alternatives.

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Greater Scope for Renewables in ASEAN

Solar and wind generated only 4% of the ASEAN 5’s electricity last year, lagging behind peers like China (11%) and India (8%). Among the ASEAN 5, only Viet Nam (11%) exceeds the world average in solar and wind, which generated 10% of global electricity for the first time in 2021. The rest is still below 5%. The vast potential of clean energy in the ASEAN 5 is unfortunately not reflected in its latest 2030 plans.

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Southeast Asia’s Green Economy 2022 Report

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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ASEAN Sustainable Finance Market 2021: Report

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

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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Briefing on COVID-19 Green Fiscal Measures in ASEAN

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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Mapping the Growth: Potential and Market Expansion of Electric Buses in ASEAN

The growing need to reduce reliance on conventional energy sources, mitigate GHG emissions and control pollution levels are the primary drivers of the Southeast Asian electric bus market. Growing public awareness of the nexus between climate change, pollution and personal consumption has resulted in a surge in demand for green transportation solutions, including electrified public transportation such as e-buses.

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ASEAN Economies & Climate Transition Risks: Report by CBI

The report describes the major channels by which these risks will be transmitted through to the financial economy and examines possible local and global sources of transition risk. Sources of transition risk vulnerability are revealed through analysis of ASEAN bond and loan data, with a particular focus on Indonesia, the Philippines and Viet Nam.

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