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.
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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.
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:
ETP works in partnership with the region’s energy champions and institutions to promote urgency and bold measures to step up energy transition.
In Indonesia, UNOPS and the Government of Indonesia signed a new MOU that sets the tone for collaboration on the ETP programme. There is an ongoing upgrade project of Java-Madura-Bali Control Centre, which facilitates clean energy for 160 million people in the region, as well as ongoing study on Financial Implications of Early CFPP Retirement. Other programs are prepared to support ETP four pillars implementation.
In the Philippines, ETP supports stakeholders to break through the barriers to energy transition. To enable more RE deployment, ETP provides on-going support to the energy regulator to enhance the energy sector rules as well as support to design battery energy storage systems in the electricity spot market. ETP also aims to help develop the smart grid roadmap and a design of a carbon tax to foster energy energy efficiency and energy transition.
In Vietnam, ETP partners with government counterparts, who include MOIT, CMSC, CEC, MONRE and MOST.
Our programmes support areas including Coal Phase Out, Energy Efficiency, Carbon Markets and Offshore Wind Energy. There is ongoing work including assessing various coal abatement scenarios, preparing net-zero roadmaps for the SOEs and the development of infrastructure to allow the proliferation of offshore wind.
30 August 2022