Experts seek to accelerate clean energy deployment
26 Jun '07
3 min read
More than 300 experts are meeting in Manila this week to find ways to scale up the deployment of clean energy across the world's fastest-growing region.
“Asia faces a particularly daunting challenge in securing the energy it needs to support growth and poverty reduction in a responsible, sustainable manner,” Asian Development Bank President Haruhiko Kuroda said Tuesday at the opening of the three-day Asia Clean Energy Forum at ADB's headquarters in Manila.
The conference, attended by government officials, the private sector, development organizations and other groups, comes less than a month after the United States Agency for International Development released a report warning that emissions of carbon dioxide, the most common greenhouse gas, will more than triple from Asia's six largest developing nations by 2030. USAID is co-hosting the forum with ADB.
The report identifies viable and cost-effective clean energy options which, if scaled up, could reduce annual emissions of carbon dioxide in these countries by 3.5 billion metric tons. This would represent a 25 percent from projected increases above current levels.
“Action must be taken now,” said Oliver Carduner, mission director for USAID's Regional Development Mission for Asia. “If not, it will become much more costly to take action in the future.”
About 70 percent of Asia's energy needs are dependent on fossil fuels – a primary source of greenhouse gases. Asia now accounts for one-quarter of the world's greenhouse gas emissions.