Asia and the Pacific together comprise a large, diverse and dynamic region of the globe, with 4.4 billion people living in 58 markets, ranging from the world’s largest energy consumer to small island economies that are among the most vulnerable to the impact of climate change.
The region accounts for more than half of global energy consumption, with 85% of that regional consumption coming from fossil fuels. Still, one tenth of the people across this vast area lack access to electricity, and many more rely on traditional biomass use (such as wood combustion) for cooking and heating. Demand for energy is rising thanks to rapid urbanisation and industrialisation, and considerable opportunities exist to avoid long-term lock-in with carbon-based energy technologies. Along with vast renewable energy potential, the region already possesses significant knowledge and expertise on renewables.
Making the transition to a sustainable, low-carbon energy future will require a clear vision and strong commitment by governments.