THE RECOVER BETTER WITH SUSTAINABLE ENERGY GUIDE FOR SOUTHEAST ASIAN NATIONS
Summary
The guide outlines opportunities for Southeast Asian nations to 'recover better' from the COVID-19 pandemic by shifting economic stimulus toward sustainable energy. It identifies significant untapped potential in energy efficiency, particularly in buildings and cooling, and advocates for increasing the share of renewable energy in the power mix. The document highlights macroeconomic benefits, including GDP growth and job creation, while proposing eight enablers for a successful transition, such as eliminating fossil fuel subsidies and declaring a moratorium on new coal-fired power plants.
Key insights
- There is a substantial untapped investment potential for energy efficiency in Southeast Asia totaling USD 400 billion, with USD 152 billion of that specifically within the buildings sector.
- The cooling sector is projected to be a major driver of energy demand in Southeast Asia, expected to represent 30% of peak power demand by 2030.
- Investments in sustainable energy offer higher economic returns and employment potential than fossil fuels; specifically, renewable energy and energy efficiency investments create 2 to 2.5 times more jobs per USD 10 million than fossil fuel investments.
- Achieving the ASEAN target of a 23% renewable energy share by 2025 would require an annual investment of USD 27 billion and could generate an additional annual GDP growth of USD 25 billion.
- Clean cooking access gaps remain significant in Southeast Asia as of 2018, with the Philippines (58 million), Indonesia (54 million), and Viet Nam (35 million) having the largest gaps.
- The guide proposes eight key enablers for the energy transition: improving the ease of doing business, establishing robust policies/institutions, investing in energy efficiency, investing in data, moving to cost-reflective tariffs, eliminating fossil fuel subsidies, declaring a moratorium on new coal-fired power, and investing in human capital.
- The document suggests that countries target the localization or regionalization of 30% of the upstream value chain for renewables, efficiency, and clean cooking to enhance energy security.
Cite the original document
- APA
- Sustainable Energy for All (2020). THE RECOVER BETTER WITH SUSTAINABLE ENERGY GUIDE FOR SOUTHEAST ASIAN NATIONS. https://www.seforall.org/system/files/2020-10/RB-SEA-SEforALL.pdf
- Chicago
- Sustainable Energy for All. THE RECOVER BETTER WITH SUSTAINABLE ENERGY GUIDE FOR SOUTHEAST ASIAN NATIONS. 2020. https://www.seforall.org/system/files/2020-10/RB-SEA-SEforALL.pdf.
- Wikipedia
- {{cite report |author=Sustainable Energy for All |title=THE RECOVER BETTER WITH SUSTAINABLE ENERGY GUIDE FOR SOUTHEAST ASIAN NATIONS |date=2020 |url=https://www.seforall.org/system/files/2020-10/RB-SEA-SEforALL.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforall2020recover, author = {{Sustainable Energy for All}}, title = {{THE RECOVER BETTER WITH SUSTAINABLE ENERGY GUIDE FOR SOUTHEAST ASIAN NATIONS}}, institution = {Sustainable Energy for All}, year = {2020}, url = {https://www.seforall.org/system/files/2020-10/RB-SEA-SEforALL.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated