DELIVERING A ZERO CARBON ECONOMY IN SOUTHEAST ASIA
Summary
The document highlights Southeast Asia as the only region with a growing share of coal-fired power, with 49GW of new coal plants in the pipeline. It argues that transitioning to renewable energy is a 'smart investment' that can reduce annual fossil fuel import bills from 300 to 100 million USD by 2040 and create over 2.2 million jobs. The text outlines five steps for a competitive zero carbon economy: committing to carbon neutrality, prioritizing energy efficiency, redirecting capital flows, providing exit strategies for high-carbon assets, and building new constituencies for the clean economy.
Key insights
- Southeast Asia is currently the only global region where the share of coal-fired power generation is increasing, with significant contributions from Indonesia, the Philippines, and Vietnam, and 49GW of new coal plants currently in the pipeline.
- Transitioning to renewable energy offers significant economic and health benefits, including the potential to lower annual fossil fuel import costs from 300 million USD to 100 million USD by 2040 and the creation of more than 2.2 million jobs in the region.
- The region faces severe environmental and health crises, with the Philippines ranking 5th and Vietnam 9th globally in terms of being affected by floods, extreme heat, drought, and food/water shortages between 1998 and 2017. Additionally, air pollution causes 60,000 deaths annually in Southeast Asia, and the Philippines has the world's 3rd highest mortality rate related to this.
- The document proposes a five-step framework to achieve a competitive zero carbon economy: committing to carbon neutrality, adopting energy efficiency solutions, redirecting capital flows toward innovation, creating exit strategies for high-carbon assets, and building new constituencies for the clean economy.
Cite the original document
- APA
- Sustainable Energy for All (n.d.). DELIVERING A ZERO CARBON ECONOMY IN SOUTHEAST ASIA. https://www.seforall.org/system/files/2019-12/SHIFT-SEA-Zero-Carbon-Economy.pdf
- Chicago
- Sustainable Energy for All. DELIVERING A ZERO CARBON ECONOMY IN SOUTHEAST ASIA. n.d. https://www.seforall.org/system/files/2019-12/SHIFT-SEA-Zero-Carbon-Economy.pdf.
- Wikipedia
- {{cite report |author=Sustainable Energy for All |title=DELIVERING A ZERO CARBON ECONOMY IN SOUTHEAST ASIA |url=https://www.seforall.org/system/files/2019-12/SHIFT-SEA-Zero-Carbon-Economy.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforallnddelivering, author = {{Sustainable Energy for All}}, title = {{DELIVERING A ZERO CARBON ECONOMY IN SOUTHEAST ASIA}}, institution = {Sustainable Energy for All}, url = {https://www.seforall.org/system/files/2019-12/SHIFT-SEA-Zero-Carbon-Economy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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