Closing Plenary

Providing a Just and Inclusive Clean Energy Transition for All

While there is an urgent need to accelerate the clean energy transition and tackle climate change, it is equally critical to leave no one behind. No single country has successfully delivered a clean energy transition in a short period without some socio-economic impact on affected workers and communities in the fossil fuel industry.

The transition to a low-carbon future in Asia and the Pacific means more than just shifting to efficient, clean and renewable energy solutions. It will require the provision of access to electricity for the approximately 133 million people in the region who currently have no access, particularly in rural and isolated areas. It also requires that we deliver affordable, reliable, sustainable and modern energy for all, which includes the 1.3 billion people in the region who rely on traditional uses of biomass for cooking and do not have access to clean cooking.

Governments and the private sector need to work together to ensure the just energy transition mitigates negative socio-economic impacts and increases opportunities associated with the transition to a clean energy economy, supporting affected workers and communities, and enhancing access to sustainable, inclusive and resilient livelihoods for all. There is a need for transparent and inclusive processes for planning, implementation and monitoring that involve all relevant stakeholders and affected groups, and that further enhance inclusion and gender equality.

The ACEF 2024 Closing Plenary Session aims to inspire regional collaboration and emphasize partnerships that are taking concrete and urgent action to address and finance the clean energy transition and climate change, through a just and inclusive process. It will also highlight and discuss some of the most transformative clean energy financing solutions that have been discussed throughout ACEF Week. We expect to have speakers from governments, private sector and leading international organizations.

Presenters and speakers in the session will share their experiences and ongoing work on delivering a just and clean energy transition, and will identify the potential challenges, strategies, solutions, and lessons learned.