Transition finance to support decarbonisation

Climate change is one of the key environmental risks facing the world. It is caused by an accumulation of greenhouse gases (GHG) in the atmosphere due to an increased use of fossil fuels. The international community has widely recognised that limiting the rise of global temperatures to no more than 1.5°C would help us avoid the worst climate impacts and maintain a livable environment1 . In the ASEAN region, governments have made commitments to achieve net zero emissions by around mid-century.

Beyond decarbonising a company’s own operations and business offerings, business owners need to consider their wider impact in the value chain and economy. Large corporates should take the lead to support the energy transition of the small and medium enterprises (SMEs) in their value chain. When they phase out carbon-intensive businesses, their workforce currently employed in the high emission businesses should also be re-trained for the low-carbon economy.

It is crucial for carbon-intensive, high-emitting and ‘hard-to-abate’ companies to embark on their energy transition journey. Download this report to find out how they can do so, and the various financing solutions available for “Operational Efficiency”, “Adoption or Supply of Low Carbon Fuels”, “Carbon Capture Utilisation and Storage” or “Carbon Credits” initiatives.

1. United Nations Intergovernmental Panel on Climate Change

This report is developed and published by