World Energy Transitions Outlook 2022
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
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1. Fossil fuel use falls as electricity gains share of global energy mix 2. Singapore and ADB renew 3-year pact to back ASEAN power grid projects 3. Thailand clean energy push accelerates with GCL SI–Getz Energy MOU 4. South Korea’s Hanwha Power expands Canada push with Pembina low-carbon MOU 5. MGEN strengthens PH energy stability through diversified power portfolioResource Center
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