A new initiative called the “Cleaner Energy Future Initiative for ASEAN” (CEFIA) serves as a platform to facilitate collaboration between public and private sectors for accelerating the development of cleaner energy and decarbonization technologies in ASEAN region.
CEFIA is expected to become a Linchpin.
Key Components of the CEFIA
Decarbonization Technology: Utilize cleaner energy and decarbonization technology.
Institutions: Develop and improve policy/institutional frameworks.
Finance: Link projects with SDGs and attract ESG investments.
Key Roles of the CEFIA
Showcase: To share good practices, challenges, and solutions.
Workspace: To initiate cooperative projects/activities and encourage collaboration.
Databank: To collect information and data, available for the ASEAN+3.
Catalyst: To attract people, ideas, and supports.