For Asia, Low-Carbon Energy is Both a Priority and One of the Greatest Regional Challenges
With Asia’s rapid population and economic growth, energy demand is also expected to rise, making up two-thirds of all global energy demand growth by 2025.
Coal is still likely to account for more than half of Asia’s primary energy production, bringing with it pollution problems and carbon emissions.
To avoid these environmental and health hazards across Asia in the coming decades, meeting energy needs through low-carbon means is a priority, but it is also one of the greatest regional challenges. A survey by The Economic Research Institute for ASEAN and East Asia (ERIA) revealed a lack of information on finance and gaps in de-risking investment opportunities in this sector.
NYSEAN Member Matthew LoCastro and Dharish David write for South China Morning Post. Click here to keep reading.
