Energy Transition Readiness Assessment for Developing Asia and the Pacific

There is no one-size-fits-all approach to energy transition. Developing Asian countries must leverage their unique strengths, learn from regional leaders, and address challenges through targeted interventions that recognize the multifaceted nature of transition readiness subject to local conditions.

This energy transition readiness assessment (ETRA) framework provides a structured, data-driven, and forward-looking approach to evaluate and analyze the readiness of developing Asian countries for energy transition. The ETRA’s relevance stems from the fact that the region’s energy transition will be crucial for global efforts to reduce carbon emissions to net zero, and an equitable, secure, and sustainable energy transition is vital to the region’s future.

The ETRA evaluates developing Asian countries’ readiness for the energy transition, where “transition readiness” is defined as a country’s capacity and preparedness to create an equitable, sustainable, and secure energy system that builds value for society and delivers on net-zero ambitions. The assessment benchmarks countries across critical, independent, and interconnected factors that drive energy transition, offering a multidimensional analysis that accounts for the unique circumstances, capacities, and needs of each country.

Contents

• Background and Regional Energy Context
• The Energy Transition Readiness Assessment
• Energy Transition Readiness Assessment Analysis
• Energy Transition in Small Island Developing States
• Appendix: Energy Transition Readiness Assessment Methodology