This video is part of the Shifting Financial Flows to Invest in Low-Carbon Development in Southeast Asia (SHIFT SEA) project, which aims to shift finance away from fossil fuels towards untapped renewable energy sources in Indonesia, the Philippines and Vietnam.
See also: Capturing the benefits of solar rooftops in Indonesia, the Philippines and Vietnam
More about the Shifting Financial Flows to Invest in Low-Carbon Development in Southeast Asia (SHIFT SEA) project
The Shifting Financial Flows to Invest in Low-Carbon Development in Southeast Asia (SHIFT SEA) project recognized that Indonesia, the Philippines and Vietnam have the potential to lead change in the region. By pursuing a new development paradigm that leapfrogs the carbon intensity of the industrial revolution, governments and financial institutions can make it a political and investment priority to pivot towards clean, affordable, reliable and sustainable energy for the 21st century.
The SHIFT SEA project engaged with a variety of stakeholders through research, advocacy, high-level meetings, coalition forming and capacity building to support change in policymaking and investment frameworks in favor of the clean energy transition. An assessment of international financial institutions’ investment flows for financing clean energy complemented the projects’ efforts to support countries in fulfilling their commitments to the Paris Agreement and accelerate sustainable growth.
Climate battle will 'succeed or fail' in Asia, interview with Rachel Kyte, AFP, France24 and others
Energy efficiency makes financial sense, OPED by Helena Wright (E3G) and Glenn Pearce-Oroz (SEforALL), Asia Times
Former UN climate chief visits the Philippines to promote green investments, Manila Bulletin
Climate Mission, Jakarta Post
Concerted effort needed on climate action in 2018, OPED by Christiana Figueres (M2020), Singapore Business Times
SHIFT SEA was funded by the German International Climate Initiative (IKI) and led by a consortium of international energy and climate experts including Sustainable Energy for All (SEforALL), Climate Action Network (CAN), Third Generation Environmentalism (E3G) and Mission 2020 (M2020). It was supported by the local expertise of three in-country organizations: Yayasan Mitra Hijau (YMH) in Indonesia, Institute for Climate and Sustainable Cities (ICSC) in the Philippines and Green Innovation and Development Centre (GreenID) in Vietnam.
For more information contact Mikael Melin, SHIFT SEA project lead for SEforALL.
Follow SHIFT SEA on Twitter #SHIFTSEA