VIENTIANE (BERNAMA) – Indonesian Vice President Ma’ruf Amin urged ASEAN member nations to expedite the transition to green energy, emphasising the need to build on the rapid green investment seen in recent years.
His call highlights the importance of collaborative efforts among ASEAN nations to enhance sustainability and address environmental challenges in the region, reported ANTARA news agency.
While attending the 2024 ASEAN-Indo Pacific Special Forum (AIPF) yesterday, Amin highlighted the importance of accelerating the transition to an environmentally friendly economy in the region, especially amid the slowing global economic growth.
“ASEAN needs to integrate innovation in the environment sector with digital transformation to support sustainable investment and finance, as well as improve energy transition through clean technology and renewable energy,” Amin stated. According to Amin, investments in sectors that are supportive of environmental sustainability in ASEAN have increased in recent years.
He noted that green investment in ASEAN was recorded at USD6.3 billion in 2023. To this end, Amin has encouraged green investment to support the achievement of ASEAN’s energy transition goals by 2030.
Moreover, he assessed that the Indo-Pacific is a strategic region that can lead the global economy, as several countries are experiencing rapid economic growth.
He affirmed that the region contributes over 60 per cent to the world’s gross domestic product (GDP) and is a trading hub of nearly half of the global international trade.
To that end, Amin underscored the need for the ASEAN to play a central role in maintaining stability and driving regional and global growth.
