VISION TO TRANSITION TO 100% RENEWABLE ENERGY IN SOUTHEAST ASIA Energy-transition scenarios indicate where investment needs to ow: into power grids, transmission lines and grid exibility measures to integrate larger shares of variable renewable energy. Overall investment has to increase to make the transition happen. HOW TO GET THERE: RECOMMENDATIONS TO ACCELERATE THE TRANSITION Enhance the signal to investors that there are strong economical and nancial arguments favouring a fast transition away from fossil fuels Coupled with a move to accelerate the transition and with a focus on high upscale targets Through collaboration between stakeholders and assessments of pathways to remove them To enhance investment both in large-scale renewable energy projects as well as in to distributed prosumer energy and storage To adapt to the reality of an increasing share of variable renewable energy and making this an objective Countries should develop long-term low-carbon development strategies and signi cantly enhance their Paris Agreement Nationally Determined Contribution targets As well as roadmaps for a just transition process to realise synergies between development objectives No longer externalize the costs to the environment This would attract investments into clean energy and give the institutional investors a clear signal about long-term policy and direction COVID-19 recovery and stimulus packages are a unique opportunity to direct and incentivize investments and attract green nance Open dialogue with all stakeholders should focus on identifying needs for support and nance the shift of investments To prevent creating future stranded assets
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