South-east Asia needs $296b annual investment on renewables: Report

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The investments are needed to accelerate energy transition and to meet climate goals. Read more at straitstimes.com.

While half of the members of the Association of Southeast Asian Nations have pledged to stop using coal in the power sector, La Camera said climate commitments required concerted and accelerated action"that must begin now to have a hope of success" .

"Accelerating energy transition is crucial in order to meet climate goals and support the region's economic growth," said Nuki Agya Utama, executive director of the Asean Centre for Energy, adding the bloc remained committed to its 2025 goals.

 

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