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Bangkok Post
Bangkok Post
Business

Asean 'needs to double' green energy spending

A solar panel installation is seen near a wind turbine at the Phu Lac wind farm in southern Binh Thuan province in southern Vietnam (AFP Photo)

JAKARTA: Southeast Asian nations need to more than double their annual investment in renewable energy to meet climate goals, according to a new report.

Average annual investment of US$210 billion is needed on renewable energy, energy efficiency and to support technologies and infrastructure until 2050 to limit a global temperature rise to 1.5C, the report by the International Renewable Energy Agency (Irena) said.

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