{"id":31922,"date":"2023-02-03T17:23:55","date_gmt":"2023-02-03T10:23:55","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=31922"},"modified":"2024-09-19T17:18:53","modified_gmt":"2024-09-19T10:18:53","slug":"asean-is-at-an-advantage-to-advance-in-sustainability-and-green-energy","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/asean-is-at-an-advantage-to-advance-in-sustainability-and-green-energy\/","title":{"rendered":"ASEAN is at an advantage to advance in sustainability and green energy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The policies and resources in Southeast Asia can speed up the process of going sustainable<\/span><\/p>\n<figure id=\"attachment_31923\" aria-describedby=\"caption-attachment-31923\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-31923 size-full\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_2042204567.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_2042204567.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_2042204567-400x267.jpg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_2042204567-600x400.jpg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_2042204567-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-31923\" class=\"wp-caption-text\">ASEAN wants to transition into a more sustainable region. Fahroni\/Shutterstock<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Southeast Asia hosted a total of three summits in 2022 all focused on different aspects of helping the region grow. Sustainability and energy were at the centre of these summits, as reported by the <\/span><span style=\"font-weight: 400;\">ASEAN Centre for Energy<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ASEAN\u2019s future would have been a growth in the economy as the net importer of natural gas and coal. However,his is not the direction country leaders want to go towards since they want to transition into a more sustainable region by switching to renewable fuel sources for green energy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the <\/span><a href=\"https:\/\/www.weforum.org\/agenda\/2023\/01\/why-southeast-asia-critical-energy-transition\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">World Economic Forum<\/span><\/a><span style=\"font-weight: 400;\">, the majority of countries in ASEAN were quick to support the shift to green renewable energy. With their focus on the long-term project, their share of it in 2020\u2019s energy mix rose by 14 percent and continues to rise both during and post-pandemic.<\/span><\/p>\n<p>More: <a href=\"https:\/\/www.asiapropertyawards.com\/en\/is-sustainability-a-luxury-not-everyone-can-afford\/\" target=\"_blank\" rel=\"noopener\">Is sustainability a luxury not everyone can afford?<\/a><\/p>\n<p><span style=\"font-weight: 400;\">An advantage the region has to take part in this shift is the abundance of raw materials perfect for clean energy products within their borders. To utilise these materials, ASEAN leaders and investors would have to support and fund the project of eliminating the use off fossil fuels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Climate consultancy <\/span><a href=\"https:\/\/www.carbontrust.com\/news-and-insights\/insights\/accelerating-the-net-zero-transition-in-southeast-asia-five-principles\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Carbon Trust <\/span><\/a><span style=\"font-weight: 400;\">noted principles that would help with enhancing the use of green energy and its efficiency in Southeast Asia. Asean leaders are recommended to improve awareness regarding the energy shift, as well as energy conservation tips. Their positions as leaders should allow them to ensure programmes focused on the cause are governed well, and this involves coordinating with investors and other leaders for their respective funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The evolution means that innovative technology could be manufactured to help with both the financial and energy savings. Once the proper technology and methods are established, there should be an allocation for vulnerable groups with no real access to energy enhancing technology for there to be a just transition in the use and efficiency of energy.<\/span><\/p>\n<p><i>The Property Report editors wrote this article. For more information, email:\u00a0<a href=\"mailto:propertyreport@propertyguru.com\" target=\"_blank\" rel=\"noopener\">propertyreport@propertyguru.com<\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The policies and resources in Southeast Asia can speed up the process of going sustainable<\/p>\n","protected":false},"author":12,"featured_media":31923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[123,2050,462,832],"class_list":["post-31922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-asean","tag-green-energy","tag-sustainability","tag-sustainable","news_country-asia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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