Zurich report: 75% of ASEAN renewable energy capacity at climate risk, US$82 billion in losses potentially avoidable
A new Zurich Insurance report reveals that 75% of Southeast Asia's renewable energy generation capacity (1,380 sites across ASEAN) faces severe climate risk exposure by 2030, putting approximately US$165 billion in assets at risk. However, targeted investment in climate resilience could help ASEAN members mitigate up to US$82 billion in potential losses to renewable energy infrastructure.
Key quotes
Targeted investment in climate resilience could help Asean members mitigate up to US$82 billion in potential losses to renewable energy infrastructure
75 per cent of the total capacity is projected to face severe climate risk exposure by 2030, putting approximately US$165 billion in renewable energy assets at risk across the region
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