Energy Asia (Kuala Lumpur, Malaysia)

Asia is a resource-rich region with a significant population base, robust economic development and a strong long-term growth potential. The region comprises advanced, developing and emerging economies that are moving at different paces, underpinned by differing stages of economic development and socio-economic standards.

In most of developing and emerging Asia, the need for decarbonisation requires stakeholders to strike the right balance between energy security, affordability and sustainability, known as the energy trilemma. This will allow development of the right ecosystems that suit their respective national interests, particularly to sustain economic development and alleviate poverty, as well as spurring new growth areas arising from energy transition.

As Asia positions itself as the axis of global growth, it is imperative that the region places comprehensive ecosystems to enhance its attractiveness as a hub for low-carbon investments and clean technology deployment. The goal is to decarbonise the region by subscribing to global best practices, as well as best-in-class technologies and innovative solutions that would lead to a just transition for Asia.

This can be achieved through intra-regional collaborations, among others, capitalising on each nation’s unique set of policy ambitions.