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*by 20 September
The Russia-Ukraine war has caused a massive surge in oil and gas prices, which were already on the rise due to the COVID-19 pandemic. As European countries make plans to shift away from their reliance on Russian energy imports, the question of how to make up the difference, and the likely impact on global energy markets, will need to be addressed not just by Europe but also Asia and the world.
As countries in Asia commit to achieving net zero emissions by or around mid-century, the energy sector will play a significant role in decarbonisation efforts. Japan, which currently imports the majority of its fuel, is working to kickstart the hydrogen economy and double its renewable energy supply by 2030. Singapore has likewise been investing in alternative energy sources, power grid connections to regional neighbours, and emerging technologies such as carbon capture, utilisation, and storage. Japan and Singapore have both introduced a carbon tax to incentivise emissions reduction. Other countries in ASEAN and Asia are exploring similar pathways, including carbon pricing and emissions trading schemes.
This webinar will explore decarbonisation efforts being undertaken by Japan and Singapore, with an emphasis on opportunities for businesses, private-public partnerships, and prospects for joint ventures and projects in ASEAN markets. Discussion will also explore whether the current volatile geopolitical and energy landscape will impact sustainability initiatives, amidst competing security priorities and inflationary pressures.
- What are promising decarbonisation initiatives in Japan and Singapore, and how can both sides promote climate cooperation in the region?
- What role can businesses and other stakeholders play in the green transition?
- In what way has the green transition been impacted by the Russia-Ukraine crisis and the ensuing economic and energy disruption?
Event Details:
Date: Wednesday, 21st September 2022
Time: 5:00pm – 6:15pm (SGT)
Speakers:
- Ms. Leow Lay May, Director, Energy Division, Ministry of Trade and Industry, Singapore
- Mr. Takeshi Soda, Director, Petroleum and Natural Gas Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy, Japan
- Ms. Lelde Krumina, Market Development Manager, Renewable Road Transportation – Europe & Asia-Pacific, Neste
- Ms. Sumiko Takeuchi, Member, Board of Directors, International Environment and Economy Institute
Register for event
*by 20 September
