Cross-government Prosperity Fund
ASEAN Low Carbon
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IATI Identifier: GB-GOV-50-PF-17-ASEANLC
Barriers to South East Asia’s low carbon transition are hindering its economic development, which in turn hampers progress in areas such as health, gender equality and reducing poverty. The £15m ASEAN Low Carbon Energy Programme is designed to tackle these barriers, focusing on the two areas with the greatest needs and where the UK has particular strengths: Green Finance and Energy Efficiency. The programme will strengthen policy and regulatory frameworks for green finance and energy efficiency; facilitate greater investment in low carbon technologies, including improved green finance flows; increase innovation and knowledge transfer in energy efficiency and low carbon technologies; and facilitate more efficient use of energy in target countries. As a secondary benefit the programme also opens up commercial opportunities for international, including UK, business, through increased “green” trade and investment, including in energy-efficient goods and services. The programme, which will operate in Burma, Indonesia, Malaysia, the Philippines, Thailand and Vietnam, is due to start its inception phase in early 2019.
Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.
A comparison of forecast spend and the total amount of money spent on the project to date.