Bain β SouthEast Asia's Green Economy, 2024
Summary
The past year has highlighted the urgent need for global action on climate change, with Southeast Asia seeing increased commitments from stakeholders.
Despite challenges such as rising energy demand and the need for equitable growth, there is a growing push towards decarbonization. Corporates and investors are eager to participate, but uncertainties around regulations and policies hinder decisive action. The report urges for immediate steps towards decarbonization and nature protection, highlighting "no regrets" moves that can be made now. Collaboration and commitment are needed to achieve the region's decarbonization goals by 2030. Long-term solutions must be defined by governments, corporations, and investors to ensure sustainable growth. The report calls for collective action and emphasizes the importance of reaffirming commitment to the green transition.
Region:
Asia
Published:
April 2024
Author(s):
Bain
Language:
English