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Opinion / #SEA clean energy transition
The World Bank has made a volte-face on industrial policy. Southeast Asian countries will need to consider the new policy, but calibrate it across vastly different national contexts.
Vietnam has limited room for manoeuvre on the energy front as supply tightens, but is proactively playing the hand it has been dealt.
Now is the time to double down on renewable energy and electrification.
To accelerate the retirement of coal, we need a scalable incentive framework that offers equitable participation and fair distribution of costs and benefits.
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