UN Partners Create Asia-Pacific Energy Hub
A new regional hub launched in Manila, Philippines, will focus on mobilizing investment in clean energy in Asia and the Pacific. The Asia-Pacific Sustainable Energy for All hub will gather governments, investors, innovators and experts to find ways and means for bringing energy to more than 600 million in this region who live without electricity and 1.8 billion who lack access to clean cooking and heating energy.
The new hub is a partnership of the Asian Development Bank (ADB), which will manage and host it, the United Nations Development Program (UNDP), and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).
It is one of the three regional hubs under the global Sustainable Energy for All Initiative set up by UN Secretary-General Ban Ki-moon. The three hubs are Africa, Asia-Pacific and Latin America. The hubs have three targets to be met by 2030: universal access to modern energy services; double the annual global rate of improvement in energy efficiency; and double the share of renewable energy.
The International Energy Agency estimates that Asia and the Pacific will need investments of more than $200 billion to provide full access to energy by 2030.
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