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Jessica Tana | WAtoday

Jessica Tana is a media and communications consultant who has worked for environmental and humanitarian not-for-profits across the world.

Asia needs just energy transition, not energy addition, says Fair Finance Asia study

BANGKOK, Dec. 8, 2022 /PRNewswire/ Fair Finance Asia (FFA), in collaboration with Stockholm Environment Institute (SEI) and research partners Profundo and Strategia Development Research Institute (SDRI), have launched a new report, "Financing the Just Transition: Powering Asia's Sustainable Energy Future." Based on energy sector financing and investments flows data from 13 selected Asian countries during the period 2016 to September 2022, the study culminates with two broad and overarching conclusions: FFA and SEI (2022). Financing the Just Transition: Powering Asia's Sustainable Energy Future Asia is experiencing an 'energy addition' rather than an energy transition due to the slow uptake of climate and energy policies adopted by Asian policymakers, financial regulators, as well as banks and investors in Asia and beyond. This means that increasing volumes of renewable energy generating capacity are added to currently dirty and fossil-intensive grids, leadin

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