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The People-Centric Energy Transition in Asia Pacific: The Now, the How, and the Future

Marc Schmidt Varad Pande Anis Mohd Nor Omar Akbar Khan Li Qi Woon Aravindan Srinivasan Patrick Yeung Saransh Maheshwari

Energy Transition is crucial for advancing climate mitigation efforts. Asia Pacific, in particular, as a contributor to over 50% of the world's emissions, plays a pivotal role in achieving a successful global Energy Transition.

Despite growing interests and investment in Energy Transition, ‘People', especially marginalized groups, workers in sunset fossil fuel or related industries and their communities, and vulnerable consumers, are often overlooked. Current data suggests that emphasis has predominantly been on infrastructure, failing to adequately prioritize ‘People' in the transition process with only <1% of funding channeled toward People-Centric levers.

How can we change this to ensure People are front and center of the Energy Transition?

BCG has partnered with AVPN to explore the current state of the Just Energy Transition and identify the necessary solutions to ensure a truly People-Centric Energy Transition, in the short and medium-term.