The Pan‑Asia Power Grid Initiative (PAGI) is designed to stitch together existing blocs, like the Asean Power Grid and South Asian grid projects. But civil society groups warn that the bank’s grand regional vision sits uneasily with its continued backing for fossil fuels.
Singapore-headquartered startups and financiers dominateds regional fundraising, while in Indonesia and Vietnam, electric mobiity startups attracted the bulk of early stage clean tech capital.
Vietnam's rules say that revenue from forest-based carbon credits will be prioritised for forest protection and development, as well as community livelihoods. Indonesia has introduced a nesting framework to avoid double counting.
Singapore-headquartered startups and financiers dominateds regional fundraising, while in Indonesia and Vietnam, electric mobiity startups attracted the bulk …