We strongly believe that accelerating a just energy transition in Asia is a win-win for both people and the planet.
Firstly, the impacts of climate change are already being felt across the region. Many countries in the region are vulnerable to extreme weather events, rising sea levels, and other climate-related risks that could undermine social stability and their economies. Unless we take urgent action to transition to a low-carbon economy, these impacts will continue to worsen, putting the livelihoods, health, and well-being of millions of people at risk.
Secondly, Asia is a major contributor to global carbon emissions, accounting for around half of the world’s total emissions. At the same time, the region is home to some of the fastest-growing economies and populations, with this number only expected to increase in the future. Therefore, tackling climate mitigation in Asia is vital for reducing carbon emissions and alleviating the most devastating consequences of climate change, not just in Asia, but across the world.
Finally, many low-income and marginalised communities face limited access to reliable and affordable energy across Asia, making a just energy transition to clean energy essential for achieving equitable and sustainable development in the region.
There is no doubt that Asia’s prosperous future is inextricably linked to ambitious climate action.