As Asia looks to the future, the continued growth of green jobs in the energy transition will be a cornerstone for building a more prosperous, resilient and sustainable regional economy which outpaces the progress seen in developed countries

On March 27, the International Renewable Energy Agency (IRENA) released statistics on renewable energy generation capacity. At the end of 2023, the capacity was 3,870 gigawatts (giga is 1 billion), an increase of 14% in one year.

Access to financing is a major challenge for Asia’s energy transition, but momentum is growing in the region around the role of carbon credits as a tool for decarbonization.

On the weekend, the United Nations Climate Change Conference (COP28) saw a milestone pact to supercharge the world's installed renewable energy infrastructure by 2030. The International Energy Agency called it the "single most important lever" to curb carbon emissions and avoid a tipping point in global warming.

Francesco La Camera, Director-General at the International Renewable Energy Agency, discusses the challenges for Asia to transition to renewable energy on "Bloomberg Markets Asia".

Francesco La Camera, Director-General, International Renewable Energy Agency (IRENA), discusses the Agency's resounding call to triple renewable energy capacity in the net zero transition.

Asia is sweltering! Temperatures in India and Thailand have hit over 40℃. Climate change forces us to accelerate the transition toward renewables. Can China and the rest of the world do more? CGTN anchor Liu Xin sat down with Mr. Francesco La Camera, director-general of the International Renewable Energy Agency.

Transition finance, instruments that fund emission reduction projects by companies in carbon-intensive industries, will grow in importance because of massive funding gap and regulatory support in Asia, even as issuers face reputational risks, according to experts.