UN energy forum opens with call for more decisive policies and increased energy investments

Bangkok (ESCAP news) – The 10th International Forum on Energy for Sustainable Development opened today with delegates underscoring the need for greater collaboration between government and the private sector, and for inter-regional dialogue if the global energy transition is to be realised.

While global energy targets for universal energy access, renewable energy and energy efficiency under Sustainable Development Goal 7 (SDG7) and the Paris Agreement provide a blueprint for the global energy transition, navigating the future path can be complex. It requires vast amounts of capital as well as long-term planning and coordination at multiple levels of government.

“We know that this will require a radical transition in many areas. How we source and consume energy must change. Transformation across sectors is needed and we need decisions on fuels and technologies to account for the full costs of air pollution and leverage clean energy to bring back blue skies, clean water and healthy cities. To extend renewable energy-based grids, we need deeper regional cooperation and integration,” said United Nations Under-Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) Ms. Armida Alisjahbana.

“We must move from ideas to implementation with clear government policies on sustainable energy. Apart from the government, the private sector is the real driver for implementation as they bring the investment and skills needed to push SDG7 into reality. Thailand’s Ministry of Energy has launched several financial incentive schemes to boost business investment on renewable energy and energy efficiency,” shared H.E. Mr. Sontirat Sontijirawong, Minister of Energy, the Royal Government of Thailand.

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