Event Reports

Powering up Sustainable Development for Asia

by Maria Francesch-Huidobro

The Future of Global and Regional Investment in Asia’s Energy Sector

Dr. Maria Francesch-Huidobro, Principal Consultant of KAS RECAP recounts her observations at Powering up Sustainable Development for Asia at an International Workshop jointly organized by KAS-RECAP, Chatham House and Chulalongkorn University, that took place 24-25 January in Bangkok, Thailand.

Renewable energy technologies not only help to mitigate climate change by substituting for carbon-emitting fossil fuels, but also can expand energy security by avoiding exposure to the volatility of fossil fuel markets. Renewables can also help provide cheap and reliable energy to areas where grid-based provision is unreliable or otherwise prohibited by geography or high costs. The increased efficiency and renewable nature of such energy can improve energy availability and economic resilience.

The importance of the accelerated deployment of renewable energy and energy efficiency is also reflected in UN Sustainable Development Goal 7: Affordable and Clean Energy, which is central to many countries in Asia. It is also an increasingly important focus for investment in Asia.

Through the analysis of Dr. Maria Francesch-Huidobro, one can observe different aspects discussed and conclusions reached at the International Workshop.

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