The Asia LEDS Partnership, in collaboration with the USAID-funded Climate Economic Analysis for Development, Investment and Resilience (CEADIR) Activity, the Clean Energy Investment Accelerator, and Bloomberg New Energy Finance, hosted a Deep Dive Workshop at the Asia Clean Energy Forum 2017, on June 5, 2017 in Manila, Philippines.
The workshop highlighted recommendations from leading corporations and governments on enabling private sector clean energy investment in Asia. Read the full recommendations from private sector here.
Leading corporations have embraced the business case for clean energy and ambitious climate action. At the same time, national and subnational governments are seeking financing to scale up clean energy deployment.
Corporate demand for clean energy has the potential to catalyze change in the energy sector and regulatory environment more broadly, as evidenced by recent experience in the United States, Europe, Asia, and other regions. Key to unlocking this potential will be to provide the technical, policy, and financial assistance needed to facilitate large-scale clean energy procurement. Leadership from governments and utilities is also essential to implement policies, incentives, and grid management strategies that enable clean energy investment at scale, including integrating solar, wind, and other renewable energy sources in the distribution network. Connecting project developers with investors and finance is also key to accelerate development of robust clean energy project pipelines that meet private and public sector needs.
- Showcase emerging strategies and innovative approaches of corporations, governments, utilities, investors, and development partners to build robust clean energy project pipelines and facilitate large-scale clean energy investment and development, and
- Highlight recommendations and insights from private sector leaders on regional and country-specific actions that governments can take to enable and accelerate investment in clean energy solutions at scale in Southeast and South Asia.
- Leading corporations that have clean energy targets and a manufacturing footprint in Asia, their factory owners, and their Asia-based teams responsible for project development and energy procurement
- Project developers, banks, financial institutions, and insurance companies active in developing business and financing models for renewable energy
- Officials from countries in Southeast and South Asia committed to mobilizing private investment for clean energy development
- Donors and development partner organizations that can help unlock private capital for clean energy.