Lin Bo-yu

For the first time, ASEAN has set up its own pavilion at a UN climate summit (COP30), signaling the bloc’s growing commitment to climate finance and a just transition.

Indonesia’s power producer Medco Power Indonesia plans to export 600 MW of solar power to Singapore by 2028, a project that would mark Indonesia’s first-ever renewable electricity export and set a new milestone in regional power market liberalization.

Malaysia has introduced the country’s—and ASEAN’s first—Electric Vehicle (EV) Battery Passport Standard, requiring full lifecycle transparency from production to end-of-life reuse.

Indonesia’s bioenergy sector is seeing a string of positive developments. Japanese automaker Toyota plans to partner with state-owned oil and gas company Pertamina to jointly develop bioethanol in Indonesia, with investment expected to reach up to IDR 2.5

Asia’s data center market is set for continued expansion, with Fitch Solutions’ BMI projecting an annual growth rate of 9.7% through 2028.

The SBTi has released a new draft of its Corporate Net-Zero Standard on Nov. 6, introducing for the first time the concept of Ongoing Emissions Responsibility (OER), along with more precise definitions for Scope 2 and Scope 3 emissions.

At the opening of the COP30 on Nov. 10, parties were expected to submit updated NDCs ahead of the summit. According to the UN, more than half of the 11 ASEAN member states have submitted their 2035 climate targets on time.

Southeast Asia is playing an increasingly strategic role in the global technology supply chain, with business environments in Vietnam, Malaysia, and Thailand drawing significant attention.