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The U.S. Trade and Development Agency (USTDA) signed a grant agreement with Indonesian national utility PT Perusahaan Listrik Negara (PLN) for a feasibility study to support of the development of two cross-border power interconnections between Indonesia and Malaysia. The project, which advances a key power sector objective for the Association of Southeast Asian Nations (ASEAN), will facilitate efficient resource sharing to help meet growing energy demands, enhance energy security, and implement policies for clean energy and climate protection goals in both countries.
Jointly implemented by ASEAN Centre for Energy (ACE) and GIZ on behalf of Federal Ministry for Economic Cooperation and Development (BMZ), AGEP aims to support the ASEAN Member States in improving regional coordination for the promotion of renewable energy and energy efficiency towards sustainable energy for all.
The C40 Cities Finance Facility (CFF) addresses this gap between cities and finance by providing support to cities in developing and emerging economies to develop finance-ready projects. The CFF supports cities to develop financially sound business proposals for projects that they have identified as priorities and ensures that city administrations retain skills and structures to enable cities to prepare a pipeline of low carbon and climate resilient infrastructure projects.