The World Coal Association (WCA) has welcomed a joint Ministerial Statement from the just-concluded 35th ASEAN Ministers on Energy Meeting (AMEM) in Manila, Philippines. In the statement, the Ministers acknowledged the continuing role of coal in addressing energy security, economic competitiveness, and environmental sustainability in the region.
In response, WCA CEO, Benjamin Sporton says:
- Energy demand in the ASEAN region is forecast to grow by 80% through to 2040. Access to affordable and reliable electricity will be the foundation for the region’s continued economic and social development over the coming decades. This explains why many ASEAN Ministers have identified an expanding role for coal which is forecast to rise from 32% to 50% of electricity generation by 2040
- The region’s commitment to using the most efficient technology will allow its economies to meet global climate objectives without sacrificing economic and social development needs.
- Using the most efficient technology available clearly makes sense and is very much the low-hanging fruit of climate mitigation action. As such, the WCA echoes ASEAN’s call on the international community, particularly multilateral development banks, to support the region in their commitment to transition away from less efficient coal technologies.
- As demonstrated by our MoU with the ASEAN Centre for Energy - signed on the side-lines of the conference - we look forward to working with stakeholders in the ASEAN region to advance their deployment of cleaner coal technologies.