Civil society organizations across Southeast Asia called on Asean leaders to establish structured platforms for meaningful engagement on sustainable and equitable energy with multi-stakeholders in the region.
With Indonesia taking on the role of hosting the Asean Summit, the year 2023 could be a turning point in terms of the energy transition efforts within the region. The Oxfam in Asia Regional Director John Samuel explained, “When we talk about decarbonizing energy transition, it involves technology and it involves money. On top of securing access to these resources is the need to ensure that these fairly reach the poorest and marginalized sectors of the society.”
SEA is at the forefront of climate risk . With increasing average temperature by 2.3 degrees Celsius, the McKinsley Global Institute estimates that 600 million people in Asia could be affected by heat waves in a year. Extreme rainfall in Asian regions could increase by three or four times. Asean possesses a significant abundance of renewable energy sources, including solar, wind, and hydro, although their distribution across the region is not uniform. As per the Sustainable Development Scenario outlined by the International Energy Agency , Southeast Asia necessitates an annual investment of approximately $180 billion in clean energy by 2030 to ensure alignment with the region’s climate objectives.
Source: Energy Industry News (energyindustrynews.net)
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