Asia-Pacific Green Transition: How Policy Can Unlock Clean Energy and Competitive Industries

A new report highlights how Asia-Pacific economies can accelerate their shift to clean energy while simultaneously building competitive local industries. The key lies in ensuring that government policies do not hinder access to affordable technologies. The region, which includes major players like China, India, Japan, and Australia, is at a critical juncture where the right policy mix could drive both environmental and economic gains. The report stresses that protectionist measures or overly complex regulations could slow the adoption of cost-effective clean solutions, undermining both climate goals and industrial growth. Instead, open markets and supportive frameworks can help countries scale up renewable energy deployment and nurture domestic manufacturing. This matters because the Asia-Pacific accounts for a large share of global emissions and energy demand; its transition will significantly influence worldwide climate outcomes. By prioritizing technology access and competitive markets, the region can turn the green shift into a driver of jobs and innovation. Policymakers now face the challenge of balancing local industry support with the need for affordable, imported clean technologies. The report's findings offer a roadmap for turning ambition into action.