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Transformative Actions Needed to Shift to Cleaner Energy

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Southeast Asia’s energy demand is expected to increase exponentially, entailing transformative actions to pave the way for greener and sustainable energy, which requires massive investments in infrastructure.

This thematic session discussed how to support the region's shift to clean and renewable energy, as well as the role of policy and legislation in mobilizing private capital to finance clean energy investments.

This thematic session, "Enabling Energy Transition in Southeast Asia: Mechanisms and Initiatives," at the Asian Development Bank's (ADB) fourth Southeast Asia Development Symposium (SEADS) discussed how to support the region's shift to clean and renewable energy, as well as the role of policy and legislation in mobilizing private capital to finance clean energy investments.

Speakers

  • Scene Setter: Zulfikar Yurnaidi, Manager of Energy Modeling, Policy and Planning Department, ASEAN Centre for Energy
  • David Elzinga, Principal Energy Specialist (Climate Change), Southeast Asia Department, ADB
  • Lavan Thiru, Executive Director, Infrastructure Asia
  • Narsingh Chaudhary, Executive Vice-President and Managing Director, Black & Veatch (Thailand) Ltd.
  • Maria Corazon Dizon, Chief Finance Officer, Treasurer, and Chief Compliance Officer, ACEN Corporation
  • Xinying Tok, Head of Southeast Asia, Carbon Trust Singapore
  • Moderator: Desi Anwar, Director and Senior Anchor, CNN Indonesia

The session was co-organized with ADB's ASEAN Catalytic Green Finance Facility and Infrastructure Asia.

With the theme, "Imagining a Net-Zero ASEAN," SEADS 2023 explored measures governments, communities, and the private sector could take to progress toward carbon neutrality.