Governments, insurers and innovative finance needed to reduce risks of Asean power grid

Malaysia pushes for collective Asean effort on green energy financing at Indonesian forum

Malaysia has called on Asean member states to take bold, collective action to close the financing gap in the region's clean energy transition, emphasising the need for trillions of dollars to avoid jeopardising climate and development goals. Read full story

Governments, insurers and innovative finance needed to reduce risks of Asean power grid

South-east Asia faces a green investment gap of more than $272.8 billion a year. Read more at straitstimes.com.

As energy demand continues to rise in Asia, a glimmer of hope comes from green energies."In several countries in the region, solar or wind energy is already weighing heavily on fossil fuels," says Chia Der Jiun, director of the Central Bank of Singapore. "A turn encouraged by lower costs, according to his remarks made on Wednesday at a summit on green finance. Evidence of this dynamic: China took a historic course last March. For the first time,…