Southeast Asia is undergoing a significant clean energy transition, shifting from fossil fuels to renewable sources of energy. The region is poised to be the world’s fourth largest economy by 2030 with a growing population of over 660 million and a new collective GDP of US$3.6 trillion (S$4.6 trillion). This economic expansion has led to a surge in energy demand, with projections indicating a 42 per cent increase by 2030. Currently, fossil fuels account for 75 per cent of the region’s generation. To ensure energy security and meet climate goals, Southeast Asia is accelerating renewable energy deployment.
"Supporting Southeast Asia’s green energy transition” delves into the region’s renewable energy project and financing opportunities and capturing the potential of the sector from the heart of Southeast Asia, Singapore. The report covers in more detail:
- Southeast Asia’s progress in renewable energy
- Growing opportunities for renewables deployment in the region
- How Singapore’s supportive ecosystem unlocks renewable energy potential
- Climate financing opportunities in Southeast Asia
