March 2025
The Global South stands at a pivotal juncture in its journey towards achieving net-zero emissions, navigating a complex energy transition fraught with challenges yet ripe with opportunities. The diverse energy landscapes and economic realities across the Global South necessitate region-specific approaches. Simultaneously, the region faces the dual challenge of meeting the energy demands of rapidly growing populations while reducing reliance on carbon-intensive energy sources. With fossil fuels contributing significantly to the energy mix in regions like Asia Pacific, transitioning to renewable energy requires overcoming systemic constraints in infrastructure, finance, and institutional capacity.
In November 2024, a roundtable of policymakers, investors, and industry leaders was convened at the Singapore Fintech Festival to explore pathways for countries in the Global South to achieve a just energy transition. The discussion centred on balancing economic development, and energy security while advancing clean energy adoption.
This white paper examines these multifaceted dimensions, focusing on the unique socio-economic realities of the Global South and the tailored strategies required to ensure a just and sustainable shift towards clean energy.
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