KPL
(KPL/VNA) – ASEAN member countries need 29.4 trillion USD for energy transition process, Indonesian President Joko Widodo has said.

(KPL/VNA) –
ASEAN member countries need 29.4 trillion USD for energy transition process,
Indonesian President Joko Widodo has said.
Speaking at
the ASEAN Summit on September 5, President Widodo said the energy transition
process should unlock potential through financial cooperation with partners to
build a stable financial environment and generate profits for all parties
involved, thus laying a foundation to achieve energy transition goals in the
near future.
In addition
to energy transition topic, he also mentioned two other initiatives, including
green infrastructure to ensure a robust supply chain and digital transformation
in combination with the creative economy.
He predicted
that by 2030, ASEAN's digital economy will reach 1 trillion USD.
The bloc has
so far approved 93 cooperation projects worth 38.2 billion USD, 73 of them
valued at 17.8 billion USD will be launched soon.
KPL