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Building on existing minimum energy performance standard (MEPS) guidance of ASEAN countries, the ACT MEPS project aims to institutionalize regional MEPS into national contexts to ensure regular updates, enhance coordination with the industry, as well as drive the uptake of energy efficient and low global warning potential air conditions (AC). The scope includes ACs with a capacity up to 100.000 btu/h (single, split type, and multi-split units).
Standards and labelling (S&L) frameworks play a key role in advancing energy efficiency of cooling appliances. Building on existing Minimum Energy Performance Standard (MEPS) guidance of ASEAN countries, the ACT MEPS project aims to institutionalize regional MEPS into national contexts to ensure regular updates, enhance coordination with the industry, as well as drive the uptake of energy efficient and low global warning potential air conditioners (AC). The scope includes ACs with a capacity up to 100.000 btu/h (single, split type, and multi-split units).
ASEAN SHINE, the Best and Effective Platform for EE Initiative in ASEAN, is a public-private partnership between the United Nations Environment Programme (UN Environment) and the International Copper Association (ICA). It is in direct support of the United for Efficiency (U4E) Initiative which is a global effort supporting developing countries and emerging economies to move their markets to energy efficient appliances and equipment under the Sustainable Energy for All (SE4ALL) energy efficiency goal.
The project aims to support Vietnam in its implementation of a national policy roadmap for air conditioners. Through the Lower Mekong Initiative and the ASEAN Standardization Harmonization Initiative for Efficiency (SHINE) program, this project will build on the existing ASEAN Regional Policy Roadmap and the Vietnam National Roadmap by assisting Vietnam in implementing higher minimum energy performance standards for air conditioning and encouraging enforcement of those standards.
The objective of the Energy Efficiency for Industrial Enterprises (VEEIE) for Vietnam is to improve energy efficiency in Vietnam's industrial sector. The project has 2 components. (1) Energy Efficiency Investment Lending component consists of an Energy Efficiency lending program. An Operational Manual (OM) was developed, which outlines selection criteria for sub-borrowers and subprojects, appraisal procedures, roles, and responsibilities of the Participating Financial Institutions (PFIs) and the government, the PFIs’ internal institutional arrangement for project implementation, technical evaluation, environmental and social assessment, procurement, and financial management frameworks that are consistent with the Bank and the Vietnamese government rules and procedures. (2) Project Implementation Support component will provide technical assistance and capacity building support to the Ministry of Industry and Trade on Project monitoring and supervision, including audits of project activities and safeguards implementation.
The Da Nang Department of Industry and Trade has initiated this program to promote energy efficiency and conservation in the city. It involves raising awareness, providing training, and offering financial incentives for businesses and households to adopt energy-efficient practices and technologies.
The proposed investment project will strengthen the Java-Bali power transmission grid by constructing 220 km of extra high voltage transmission lines with associated substations. The project forms part of the governments regional economic development master plan and its long-term power development plan. The project will benefit the population in Bali by meeting future demand growth in Bali Island, thus ensuring long-term power supply security to support sustained socio-economic growth and government plan to achieve 90% electrification by 2020.
The program identified the priority areas that aimed to: (i) improve sector governance, streamline public sector investments, and expand private sector investment in energy and power markets; (ii) bolster the security and sustainability of the energy sector through increased reliance on domestic gas, renewable energy, and energy efficiency measures; and (iii) provide access to modern energy to all Indonesians.
Bloomberg Philanthropies and the International Renewable Energy Agency (IRENA) announced a new COP28 partnership. This partnership aims to accelerate the deployment of clean energy and mobilize capital in emerging markets and developing economies. Bloomberg Philanthropies’ support will enable IRENA to advance efforts to drive the widespread adoption of renewable energy and reduce political, technical, and financial barriers to the energy transition by building capacities in Southeast Asia, Africa, and Latin America, strengthening project finance and preparation through the Energy Transition Accelerator Financing (ETAF) Platform , and facilitating private capital mobilization.
The Global Energy Transition initiative supports efforts to rapidly transform the global power sector toward clean energy, beginning with 10 emerging economies across Africa, Asia, and South America. These are countries where power demand is projected to rapidly grow and there is huge potential for solar, wind, and other renewable energy deployment in this decade. The initiative also supports efforts in Japan, Australia, and South Korea to accelerate the coal to clean energy transition, reduce emissions, and achieve a 1.5-degree pathway. The benefits of a transition to clean energy go far beyond reducing greenhouse gas emissions and mitigating climate change. It creates jobs, builds local manufacturing value chains, improves infrastructure, protects public health by keeping pollutants out of the air, and provides affordable and accessible power. By shifting to clean energy, developing nations can secure a resilient and thriving future.