Clean Energy and Decarbonization in Southeast Asia: Overview, Obstacles, and Opportunities
Southeast Asian governments have ambitious carbon neutrality pledges, but rising energy demand, large financing needs, and barriers to private sector investment are some of the many challenges to achieving their climate goals.
Introduction Southeast Asian nations face the daunting task of maintaining economic growth targets and meeting the energy needs of growing populations while also adhering to ambitious carbon neutrality pledges. For the United States, the Biden administration must also balance its stated goals of promoting renewable energy and deepening partnerships with regional countries, none of which are likely to meet their short- and medium-term energy needs with renewable sources alone. Across the region, governments are confronted with growing energy demand that is likely to require major…
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