The ASEAN Centre for Energy (ACE), an intergovernmental organisation representing the interest of 10 ASEAN Member States (AMS) on energy cooperation, released a series of analysis on renewable energy investment for ASEAN countries at a Launching Event that is held on 6 August 2020, entitled “RE Outlook and the Challenge on Investment in ASEAN during Covid-19 Pandemic”.  These event focus on the ASEAN Plan of Action for EnergyCooperation (APAEC), in which the ASEAN has committed to an aspirational target of 23% Renewable Energy (RE) share in Total Primary Energy Supply (TPES) by 2025 and how the COVID-19 Pandemic brings challenges to the development of RE. Jointly organised with International Renewable Energy Agency (IRENA) and Norwegian Institute for International Affairs (NUPI), around 800 participants from wide range background: policymakers, business developers, etc.are registered to this public event.

This event is organised under the initiative of ASEAN Climate Change and Energy Project (ACCEPT), the first integrated project of ASEAN on energy cooperation, supported by the Government of Norway through the Ministry of Foreign Affairs.

“Norway has been a Sectoral Dialogue Partner of ASEAN for 5 years this August,” said His Excellency Morten Høglund, Ambassador of Norway for ASEAN, “and will continue to support ASEAN to enhance, in particular on the efforts to provide sustainable energy as part of the economic recovery.”