Energy Tracker Asia

As extreme weather events like heat waves and floods become more frequent and severe, it's troubling to see that major private banks have invested a massive $6.9 trillion in fossil fuels since the Paris Agreement. During 2020-2022, G20 countries spent $35 billion yearly on clean energy projects abroad, but they allocated even more, $47 billion annually, to fossil fuels. Will COP29 be able to steer climate finance in a better direction? #climatefinance https://bit.ly/4fkiSUx

Amidst escalating heat waves, devastating floods, and increasingly severe extreme events, will #COP29 prioritise scientific evidence over the influence of fossil fuel interests? https://bit.ly/3YEe3je

Given the Philippines' susceptibility to climate impacts, it is imperative to prioritise bolstering energy efficiency across all sectors as a fundamental aspect of its climate mitigation strategies. The recently introduced NEECP roadmap will serve as the guiding framework for the country's energy efficiency enhancements for the next three decades. #Philippines #climatemitigation https://bit.ly/4fhpran

With the election of Prabowo Subianto, Indonesia’s energy future is at a crossroads. As Southeast Asia’s largest coal producer, Indonesia faces the challenge of aligning its coal-heavy policies with global climate goals. Despite being a significant contributor to global emissions, the country continues to expand its coal fleet, adding strain to its environmental commitments. The question now is whether the new leadership will accelerate renewable energy adoption or continue prioritising coal. Learn more: https://bit.ly/3YlHHsq #COP29 #ClimateAction #EnergyPolicy

ASEAN member, Laos, aims to enhance its renewable energy capacity, focusing notably on expanding solar power infrastructure. However, the nation's significant reliance on hydropower and coal-fired facilities for electricity generation presents obstacles to its strategic trajectory and decarbonisation initiatives. #Laos #energytransition https://bit.ly/3NFdBLB

As extreme weather events like heat waves and floods become more frequent and severe, it's troubling to see that major private banks have invested a massive $6.9 trillion in fossil fuels since the Paris Agreement. During 2020-2022, G20 countries spent $35 billion yearly on clean energy projects abroad, but they allocated even more, $47 billion annually, to fossil fuels. Will COP29 be able to steer climate finance in a better direction? Learn more: https://bit.ly/3Ukz6ES #NetZero #ClimateAction #EnergyTransition #FossilFuels #AZEC #climatefinance

Fossil Fuel Supply Chains: Vulnerabilities in a Changing World The fossil fuel supply chain is facing significant challenges, from geopolitical tensions like the Ukraine conflict to climate-induced natural disasters. These disruptions have exposed the fragility of global energy systems, particularly the dependence on key supply routes and politically unstable regions. Governments are now rethinking strategies to secure supply chains, diversify sources, and build infrastructure resilience. As the world shifts toward clean energy, fossil fuels will still play a role—making it crucial to address these vulnerabilities. Read more: https://bit.ly/3Ukz6ES #EnergySecurity #FossilFuels #SupplyChains #EnergyPolicy #ClimateRisk #Sustainability

Renewable Energy in Azerbaijan: Policy Ambitions or Export Strategy? Azerbaijan’s renewable energy plans aim to generate 5 GW by 2030, but with oil and gas still comprising 98% of the country’s energy supply, is this enough? The government has explicitly stated its renewable energy ambitions aim to free up more gas for export. Will these policies serve Azerbaijan’s climate commitments or primarily its gas export strategy? Read more: https://bit.ly/4eNbpNO #RenewableEnergy #EnergyPolicy #Azerbaijan #ClimateGoals #GasExports

Bangladesh is focused on tackling essential socio-economic challenges following its recent political transition. Dr Khondaker Golam Moazzem, the Research Director at the Centre for Policy Dialogue (CPD), shares his thoughts on how Bangladesh’s power and energy sector's trajectory is far off course and calls for proactively transitioning to cleaner energy sources. Read our latest Op-Ed: https://bit.ly/4f35lAy #BangladeshEnergy #PoliticalTransition #EnergyPolicy #CleanEnergyTransition #ClimateAction

Is AZEC Truly Guiding ASEAN Towards a Clean Energy Future? At the August 2024 AZEC Advocacy Group Round Table in Jakarta, discussions centred on achieving net-zero emissions across ASEAN. The development of a Memorandum of Understanding (MoU) aimed at advancing zero-carbon systems holds potential. But are these policy discussions and MoUs actually driving change? While ERIA President Tetsuya Watanabe emphasised the importance of policies that balance decarbonisation with economic growth, the region’s heavy dependence on fossil fuels casts doubt on whether these frameworks can realistically transition ASEAN to renewable energy in time, or if they remain aspirational. With initiatives like the AZEC Sectoral Initiative focusing on key industries, it raises the question: Is ASEAN truly shifting towards a cleaner energy future, or do fossil fuels still dominate the agenda? Uncover more insights here: https://bit.ly/4e3dunT #AZEC #NetZero #CarbonNeutrality #EnergyTransition #CleanEnergy #Decarbonisation #ASEAN #Sustainability #PolicyLeadership #RenewableEnergy