More than half of surveyed companies also plan to tap blended finance as the region confronts an estimated US$400 billion annual investment need to reach net zero and expand solar and wind, which supply just 4 per cent of the region’s electricity, Standard Chartered says.
New SIIA report notes that regional cooperation on energy, AI, finance and supply chains will be critical to strengthening the bloc's economic security and preserving its relevance in a more fragmented global economy.