The International Energy Agency (IEA) shared a brochure that summarizes Regional Energy Efficiency Policy Recommendations for 10 South East Asia countries: Brunei Darussalam, Cambodia, Lao People's Democratic Republic, Indonesia, Malaysia, Myanmar, Philippines, Thailand, Singapore, Vietnam.The brochure presents recommendations from the second Experts’ Roundtable for the Southeast Asia region. The two-day Southeast Asia region workshop took place in Jakarta. During the Jakarta workshop, the Experts Roundtable developed 20 region-specific energy efficiency policy recommendations to address these barriers and help realise the tremendous energy efficiency potential in the region.
REEEP supported the project of IEA that resulted in delivering the Recommendations.
Energy efficiency experts from ten countries in the region participated in the Roundtable and shared their views on specific regional energy efficiency opportunities, market barriers, and policy needs, including:
- Rapid growth in energy demand
- Energy price volatility and supply disruption in some energy importing countries
- Highly subsidised energy prices
- Low access to electricity
- Lack of awareness of energy efficiency
- Lack of policy and regulatory instruments
- Low capacity for enforcing regulatory policies
- Institutional co ordination issues
- Sparse funding for energy efficiency activities and investments
- Lack of smart financing mechanisms for energy efficiency projects
- Low private sector capacity for identifying, prioritising, and developing energy efficiency projects
- Lack of manufacturing, servicing, and testing capacity for energy-efficient products