Conclusion

The energy transition in Asia and the Pacific offers both opportunities and challenges. The target for universal access to modern energy by 2030 will open the door for economic productivity in rural areas and bring significant social benefits to communities that have long received little attention. The increased share of renewable energy will diversify energy systems and reduce the region’s reliance on imported fuels, outcomes that are crucial to the improvement of energy security. Furthermore, growth in renewables will see increased private investment at the national and regional levels as well as increased job creation. Measures to accelerate energy efficiency improvement will enhance productivity, and reduce the cost of renewable energy growth and GHG mitigation efforts.

Sustainable Development Goals:

Affordable and Clean Energy