The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
Asean needs to develop a collective response to the geopolitics of renewable energy in order to address resource nationalism and the adverse impacts of growing US-China rivalry on Southeast Asia's energy transition.
To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support.