USAID Clean Power Asia
Harnessing the power of renewable energy for a sustainable ASEAN
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The government now wants every electric vehicle sold in Thailand to have been produced locally by 2035, five years earlier than its original plan, as it burnishes its clean green credentials. The National New Generation Vehicle Committee chaired by Deputy Prime Minister and Minister of Energy, Supattanapong Punmeechaow on Wednesday approved the private sector's request to hasten the country's electric vehicle production.
As the world’s fifth-largest economy with a gross domestic product of US$3 trillion, Asean currently stands at a crossroads in terms of its energy future. Prior to the Covid-19 pandemic, the region forecasted a 50 per cent rise in energy demand compared to a decade earlier due to its fast-expanding economies and population growth. Now, as the region emerges from the pandemic – affordable, secure and environmentally sustainable energy underpins its recovery.
The Green Climate Fund (GCF) has granted $300 million to the Asian Development Bank (ADB) to assist in creating environmentally friendly infrastructure projects that aim to help economies in the region recover sustainably and create jobs. The ADB said the funds will be utilised by the ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme to support green infrastructure projects in ASEAN member nations...
In far-flung corners of the federal government, staffers have been busy calculating how quickly the United States could embrace electric cars or phase out the last of the nation’s coal-fired power plants. They are estimating how fast the country can construct new battery-charging stations and wind turbines, as well as how farmers can store more carbon in the soil — and how much Congress might allocate to fund such efforts.
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