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The transaction technical assistance (TA) facility supports Southeast Asian developing member countries (DMCs) in preparing energy sector projects by providing technical support, policy advice, capacity building, and due diligence. It enhances project readiness for various initiatives, including renewable energy expansion, carbon capture, geothermal development, and cross-border power trade, as outlined in the region’s Country Operations Business Plans (COBP) 2018-2020.
It supports four broad types of activity: capacity building of government, institutions and business; policy reform of energy frameworks and standards; market development by strengthening connections between project developers and investors; raising awareness of available technologies to increase the uptake of energy efficient products and services; and partnership coordination and commercial ventures. All components of the programme aim to improve energy security and inclusive access to clean and reliable energy sources, with direct benefits for the most vulnerable populations, including women. The LCEP focuses on two topics – Green Finance (GF) and Energy Efficiency (EE). The Carbon Trust is leading the delivery of the EE component in five countries: Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.
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.
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.