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Both South and Southeast Asia offer significant opportunities for global climate action, with many governments setting ambitious net-zero targets. Solar, wind and hydro development potential abounds.
To achieve these targets, renewable energy deployment, especially solar and wind power, must increase five-fold by 2030. Asian investment in renewable energy has grown exponentially since 2004, with an average annual growth rate of 23 per cent, reaching US$345 billion in 2022,…