Description

The energy transition and the integration of the energy-climate nexus pose significant challenges. Technical challenges include upgrading and expanding energy infrastructure to support renewable sources while maintaining grid stability, which requires substantial investment in new technologies and grid modernisation. Regulatory challenges involve creating coherent policies that align national energy strategies with regional climate goals, necessitating harmonised regulations across member states. Financial challenges pertain to mobilising the necessary green finance and investment for large-scale renewable energy projects and energy efficiency initiatives. Socio-political challenges include ensuring equitable access to energy and managing the social impacts of transitioning from fossil fuels, such as job losses in traditional energy sectors. Overcoming these challenges is essential for transitioning to a low-carbon economy.

In this context, the High-Level Policy Dialogue on ‘Aligning Policies Towards Low Carbon Economy in The Next ASEAN Regional Blueprint” and the Regional Workshop on ‘Advancing Low-Carbon Energy Transition to Support the Next ASEAN Regional Energy Blueprint’ emerge as an essential platform to facilitate discussion on collaboration, share knowledge and coordinate actions among member states to drive the region towards a low carbon economy. This HLPD will support the implementation of APAEC, Programme Area REPP, OBS 6.1 ‘to organise Policy Dialogue on energy-climate nexus and next phase of APAEC’ and support the study on APAEC Post 2025 which will serve as the reference for the APAEC Drafting Committee (ADC) in formulating the next cycle of APAEC 2026-2030.