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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.

Eco-Business28d ago7 min readenNews
Read on eco-business.com

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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