ASEAN Needs USD3 Trillion for Energy Transition by 2050

ASEAN's Energy Transition: A USD3 Trillion Investment Needed by 2050 Kuala Lumpur, May 26, 2025 – ASEAN nations face a monumental task in transitioning their energy sectors by 2050, requiring a staggering investment exceeding USD3 trillion. This figure was highlighted in a recent news report by Berita RTM, which featured an interview with Deputy Prime Minister Datuk Seri Fadillah Yusof. Datuk Seri Fadillah emphasized the significant financial commitment needed, stating, "Malaysia alone requires more than USD143 billion to meet our energy transition goals." He stressed the necessity for robust collaboration and innovative financial mechanisms to attract both domestic and international investment. The report underscores the scale of the challenge and the urgency for ASEAN member states to implement comprehensive strategies. The successful transition to sustainable energy sources will not only benefit the environment but also drive economic growth and regional stability. The coordinated efforts of governments across the region are crucial in creating a supportive environment that attracts the necessary investment to achieve this ambitious goal.