Renewable Energy Investments and Feed-in Tariffs: Firm-Level Evidence from Southeast Asia


There is evidence that feed-in tariffs have been effective in encouraging investments in renewable energy.

This study examines the impact of feed-in tariffs on promoting investments in renewable energy in Southeast Asia. It uses data from six countries—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. These countries accounted for 88% of renewable energy investments in the region in 2021. 


  • Introduction
  • Sample Construction
  • Research Methodology
  • Empirical Findings
  • Robustness Checks
  • Conclusions and Policy Recommendations

Published July 2023.
Source: Asian Development Bank Institute.

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