Ep17 How is the financing of Southeast Asia’s energy transition progressing, ft John Yeap
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Description
Southeast Asia is a massively important region given its population of almost 700 million and fast-growing energy consumption of 30 exajoules – the EU’s was 57 EJ. Many of the individual economies in the region are in the process of decarbonizing. Given the bulk of them are still developing, financing the energy transition is a crucial aspect. We discuss with one of the region’s thought leaders, John Yeap of Pinsent Masons, about three areas. We address, developments in regulatory consistency and transparency, which is absolutely key to any investment in energy and infrastructure. We talk about the financing of energy projects including clean energy ones but also addressing legacy assets, namely coal-fired power plants. Finally, we talk about one of the fastest growing areas in climate finance in Asia, carbon financing and the carbon markets. ABOUT JOHN. John, based in Hong Kong with UK headquartered international law firm Pinsent Masons, is a qualified lawyer focussed on Energy Transition and Climate Change in Asia.  Over the past three decades, he has witnessed the Asian power sector evolve through the emergence in the Nineties of independent power producers, market deregulation at the turn of the current century, and in the past few years, the emergence of decarbonisation as a key factor in the energy strategy of nations across the region.  H  is current activities include advising on the design of mechanisms to support the region’s energy transition, including supporting the Asian Development Bank on its energy transition plans for Indonesia, Philippines and Vietnam, and also advising on the evolving carbon trading and voluntary carbon market in the region. HOST, PRODUCTION, ARTWORK: Joseph Jacobelli  |  MUSIC: The Open Goldberg Variations, Kimiko Ishizaka  |  FEEDBACK: Email the Host. HOST, PRODUCTION, ARTWORK: Joseph Jacobelli | MUSIC: The Open Goldberg Variations, Kimiko Ishizaka | FEEDBACK: Email the Host.
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