1945

Stronger and deeper regional energy cooperation can greatly contribute to the implementation of the 2030 agenda. Despite the enormous potential benefits, regional cooperation is proceeding at a relatively slow pace because of the need for stronger political will and greater mutual trust among countries, and, often, lack of capital investment (Lee, 2003). Currently, regional cooperation in Asia and the Pacific has come mainly from subregional groups dealing with trade, transport, ICT and socioeconomic cooperation. Regional cooperation on energy is a relatively new area, which is gaining more and more attention from different subregions.

Sustainable Development Goals:
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