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Malaysia supports the development of a harmonised regional framework for ASEAN and is actively engaging in international agreements to facilitate the cross-border transportation of CO2, reinforcing its commitment to regional collaboration in CCUS initiatives. This report explores the evolving policy and investment frameworks, Malaysia’s future potential as a CCUS hub through their groundbreaking projects, barriers to overcome, and the way forward to accelerate CCUS.
This first edition of the Technology Brief Series explores the role of renewable hydrogen in Southeast Asia’s power sector. It examines where hydrogen can add real value, the risks of inefficient use, and how policymakers can prioritise investments for a cost-effective and secure energy transition.
Private FIs’ capital choices shape decarbonisation, yet voluntary pledges and CCIs underdeliver. The report proposes an “impact levers” framework for FIs, CCIs, and regulators to align finance with real-economy goals, embed risk, and prioritize actionable, actor-specific steps beyond net-zero targets.
Over the past three decades, the five most steel-intensive Southeast Asian countries, Indonesia, Thailand, Viet Nam, Malaysia and the Philippines, have emerged as important players in the global steel sector, contributing three percent of global steel production. Rapid industrialisation and infrastructure development have significantly increased regional steel demand, while production in Southeast Asian countries has quadrupled over this period.
However, the region has seen a surge in emission-intensive steel manufacturing investments, with steel sector emissions having almost doubled within the last five years. This highlights the urgent need to curb emissions, especially in the carbon-intensive steel sector.
As global trade dynamics evolve and low-cost steel imports grow, the Southeast Asian steel sector finds itself at a crossroads, either it continues to rely on fossil fuels, or it seizes the chance to lead with green technologies of the future. Policymakers now have a unique window of opportunity to shape this transition by aligning industrial growth with climate goals.
This paper provides a comprehensive analysis of the steel sector and sets out a clear roadmap for how Southeast Asia’s steel industry can achieve technically and economically viable net-zero emissions by the 2050s, supporting both regional and global decarbonisation goals while sustaining economic growth.
This report critically examines existing climate finance estimates, highlighting inconsistencies in scope, methodology, and assumptions. It calls for clearer frameworks and actionable strategies to implement the New Collective Quantified Goal, moving from broad targets to practical, inclusive financing solutions.
As Thailand charts its path to carbon neutrality by 2050, this strategic analysis highlights the risks of continued reliance on natural gas — from rising electricity costs and supply insecurity to missed climate targets. Drawing on national data and stakeholder insights, it presents practical policy recommendations to support a more resilient, affordable, and sustainable energy system.
A new report by the United Nations Development Programme, the University of Denver’s Pardee Institute, and Octopus Energy highlights how setting clear, time-bound renewable energy targets—supported by inclusive policies—can achieve a triple win: cutting emissions, boosting economic growth, and generating tangible social benefits.
ASEAN’s energy transition must be inclusive. This brief urges ACE to add sex-disaggregated data—covering education, workforce, entrepreneurship/finance, decision-making, and energy access—to databases, enabling evidence-based policies, highlighting women’s contributions and gaps, and improving energy security and decarbonisation under APAEC 2026–2030.