Singapore, 8 October 2024
The ASEAN Climate Change and Energy Project (ACCEPT), the first integrated project in addressing the energy-climate nexus in ASEAN is aiming to promote information sharing in particular to net zero pathways in the energy sector. Under this strategy, ACCEPT II is also actively tailoring partnerships with Dialogue Partners (DPs) and International Organisations (IOs) to harmonise and foster the energy transition.
On its continues journey, ACCEPT II participated in an incubator dialogue held by the Lee Kuan Yew School of Public Policy’s (LKYSPP) Institute for Environment and Sustainability (IES). The event entitled “The Interplay between Policy, Finance and Clean Technology in Accelerating Decarbonisation” focused on the design process of climate policies that reinforce impacts and support over time. In specific, the dialogue aims to generate knowledge exchange required for accelerating decarbonisation in Southeast Asia, technology options for accelerating decarbonisation, sharing session on designing effective and durable policy pathways, and policy analysis techniques for minimising unintended undermining effects of climate change.
The dialogue was participated by various stakeholders ranging from private sector, academicians, and government from Southeast Asia. In this opportunity, Indira Pradnyaswari, Associate Research Analyst from ACCEPT II joined the conversation to share her perspectives during the roundtable session. To start with, the dialogue began with brief introduction of the workshop, delivered by Dini Sandys, Deputy Head of the Institute for Environment and Sustainability (IES). The dialogue was divided into three main sessions: (1) Setting scene presentations from experts; (2) Roundtable session on Renewable Energy Policy; (3) Roundtable session on the Climate Finance.
The first session was delivered by Katherine Rietig, Professor of Sustainability and International Politics of Newcastle University. Her research focused on climate governance and the role of learning the non-state actors and multilevel governance dynamics between countries in the world. On her presentation, she shared relevant European Union’s (EU) perspective on tailoring climate policies, renewable energy policy, and specific on biofuels policy. She highlighted the importance of having better climate governance network, policy adaptation, and also the representative from each stakeholder while planning a national policy. Additionally, she stated that economics situation holds crucial role in implementing renewable energy technologies.
The second session, led by Benjamin Cashore, Professor in Public Management and Director of the Institute for Environment & Sustainability (IES) at the Lee Kuan Yew School of Public Policy, National University of Singapore. To start with, he acknowledged that the progress of climate change is advancing globally. In this case, three main aspects are playing crucial role: environmental, social, and governance (ESG). During his session, he emphasised the urgency of having concise policy design to create a sustainable system, in this context, on renewable energy transition and climate mitigation and adaptation.
During the roundtable discussion, policy design on renewable energy and climate finance was explored enthusiastically. Participants from Southeast Asia shared their different approaches and best practices on implementing the policy. Given the geographic and social differences that they experienced, one solution is not fit for all. It is also highlighted that the initiative to have specialised bodies on addressing climate mitigation and adaptation is crucial to be considered in the country. Representatives from the private sector also shared their perspectives on how the policy affected their current activities. The importance of stakeholder engagement was brought forward as important aspects for policy development among the regions.
As the way forward, the workshop provides series of discussions on climate mitigation and adaptation topic with different perspectives. It is noted that to develop a concise pathway for climate-related issue, participation of various stakeholders to share different perspectives on how the sector will adapt to the policy is highly crucial for the policymaker.
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