GREEN EFFORTS

Investment in clean energy gains momentum in Southeast Asia

Editor's note: In this weekly feature China Daily gives voice to Asia and its people. The stories presented come mainly from the Asia News Network (ANN), of which China Daily is among its 20 leading titles.

Private green investment in SEA-6 jumped 43 percent to $8 billion in 2024, led by solar and waste management. SEA-6 refers to Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Most investors are drawn to solar projects in Southeast Asia, with more than 30 percent of 2024's green investments in the region in solar energy, according to the Southeast Asia's Green Economy 2025 Report, released on May 6 by Bain & Company in collaboration with GenZero, Google, Standard Chartered and Temasek.