Providing enough investment in energy supply is a top priority to extend the connections to those without access to electricity and satisfy the soaring demand . The investment in non-fossil energies like renewables has been expanding to leverage the economic growth in China, India and Republic of Korea. According to the updated estimate of ADB, 14.7 trillion USD will be needed for the infrastructure development in the power sector of developing Asia over the 15 years from 2016 to 2030 . The cumulative investment needs of ASEAN for energy supply and efficiency up to 2040 is estimated at 2.7 to 2.9 trillion USD . Mobilising investment to such a
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report