The Southeast Asia Energy Transition Partnership helps countries in the region transition from using fossil fuels to renewable sources of energy to advance climate action.
Southeast Asia’s economic growth has generated new opportunities, raised the standard of living for many across the region, and dramatically reduced poverty. However, this has come at a high cost, as the growth was largely fueled by a significant increase in the use of fossil fuels, and led to steeply rising greenhouse gas emissions, persistent environmental pollution, local health risks and exacerbated climate vulnerabilities worldwide.
With the energy demand forecasted to double by 2035, Southeast Asia needs to rapidly ramp up private and public investment in renewable energy and energy efficiency to ensure a clean and healthy future for the region and the world.
ETP works in partnership with the region’s energy champions and institutions to promote urgency and bold measures to step up transition measures.
Across Southeast Asia, at the regional, national and local levels, ETP ambitiously pursues energy transition. We engage private and public partners to drive change at policy, fiscal and technology level. We expand financing for investment in renewable energy, energy efficiency and sustainable resilient infrastructures to deliver joint action in the following areas:
Strengthening renewable energy policies through an enabling environment
We provide high level technical advisory support to improve renewable energy and energy efficiency policies, regulations and laws. We work towards aligning energy policy targets
with climate action commitments.
Increasing smart investments in renewable energy
We aim to unlock large-scale renewable energy investments by national and international financial institutions, while increasing de-risking of projects and making them bankable. ETP aspires to introduce innovative financing models to leverage private capital through the region’s sovereign wealth funds.
Expanding sustainable and resilient infrastructures through planning and operation
We deliver sustainable and resilient infrastructures as a key to climate adaptation and mitigation measures. We provide technical solutions to expand smart grids, enable evidencebased planning for national grid systems, and provide capacity building for grid operators.
Knowledge, skills and capacity development
We developed a comprehensive platform to foster knowledge accessible to market leaders, early innovators and other relevant stakeholders. We build technical and technology expertise through education programmes. In partnership with local institutions, we establish state-of-the-art centres of excellence on energy efficiency testing, grid flexibility and integration and energy transition policy modelling.
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On policy, regulatory, financial and infrastructure improvements needed to increase the deployment of renewable and energy efficiency.
Cover for both financing and technical needs. This will be achieved through coordination between ETP technical assistance and capital investment programmes financed by ETP members.
Directed towards improving each country’s human capital. Direct beneficiaries of these services will be representatives of governments, utilities, financial institutions, project developers, industries and service providers, think tanks, academia and other relevant stakeholders.
Between the business sector and governments to find common solutions for rapidly and viably scaling up renewable energy and energy efficiency projects and infrastructures. ETP will also support dialogue and actions by all relevant stakeholders to promote and enact a just and equitable energy transition.
