Handling climate change has become one of the main focuses in holding the 2023 ASEAN Summit in Indonesia some time ago.
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Indonesia holds the mandate as the 2023 ASEAN Chairmanship. One of the important points in the event is related to climate change and the commitment of Southeast Asian countries to make a clean energy transition.
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Jakarta, 12 May 2023 - During the 42nd ASEAN Summit held in Labuan Bajo, East Nusa Tenggara, ASEAN demonstrated its determination to develop an ecosystem for electric vehicles (EV). Within ASEAN, some member states have already established their own EV industries, namely Thailand and Indonesia. In Indonesia alone, production reaches 1.2 million units per year,…
Background
After having the opportunity to host the G20 last year, this time Indonesia has taken the mantle of ASEAN Chairmanship in 2023, which was previously held by Cambodia. This is the fourth time for Indonesia to take the chairmanship position of ASEAN, where the core theme is “ASEAN Matters: Epicentrum of Growth”. Within this…
The ASEAN green taxonomy is necessary to accelerate green financing for coal-fired power plant early retirement plans.
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Jakarta, May 4, 2023 - The ASEAN Taxonomy Board (ATB) published the second version of the ASEAN Taxonomy for Sustainable Finance (ATSF v2) in March 2023. This taxonomy acts as a guidance to help classify economic activities, particularly those related to green financing. The Institute for Essential Services Reform (IESR) welcomes the publication of the…
The Institute for Essential Services Reform (IESR) Executive Director, Fabby Tumiwa, said that all countries, including ASEAN, are competing to develop new and renewable energy.
"The problem is that the mix of renewable energy in electricity generation in Indonesia is still low. The highest is Laos because there are many hydropower plants and Vietnam," he said.
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To support the low carbon transformation process, it is imperative to strengthen cooperation among key stakeholders in the SEA countries. Achieving this goal will face different challenges across the region as some countries are more advanced in terms of infrastructure in renewable energy and financial instrument compared to other countries. Therefore, discussion…
Jakarta, 9 February 2022 - ASEAN is one of the most populated regions in which the economy is growing and energy demand grows rapidly. Economic growth emerged at time when there was a global effort to reduce greenhouse gas emissions. To maintain economic development and energy demand growth, a cleaner energy system should be developed…