New Research on ASEAN Decarbonization and Growth

ASEAN Centre for Energy and Mitsubishi Research Institute team up
2024.3.25

Japanese version: 25 March 2024

Mitsubishi Research Institute, Inc.

Tokyo (13 March 2024)  Mitsubishi Research Institute, Inc. (MRI) and ASEAN Centre for Energy (ACE), the association’s energy arm, commenced work on a new research project. MRI and ACE will make proposals for achieving both decarbonization and economic growth in ASEAN.
Analysis of the impacts of carbon pricing on ASEAN industrial Structure
Source: Mitsubishi Research Institute, Inc.
MRI and ACE have already been in collaboration, most recently on an MRI-hosted seminar in September 2023. This time, the team will analyze the impacts of carbon pricing on the ASEAN industries and will make recommendations on how ASEAN can transition to carbon neutrality while maintaining and enhancing its industrial competitiveness.

MRI and ACE aim to use the project as a springboard for their own further collaboration and as a tool for the success of both ASEAN and Japan. Findings are set to be published at the end of the project.

MRI helps governments and businesses tackle decarbonization-related challenges both within Japan and abroad. ACE is an ASEAN intergovernmental organization that represents member states’ interests in the energy sector and serves as a guide for its decarbonization transition.

MRI will leverage its experience in policymaking and business support related to decarbonization, both in Japan and internationally, as well as its expertise in quantitative analysis using energy and economic models. ACE, on the other hand, will contribute its in-depth understanding of the current situation in the ASEAN region. Together, these two organizations will harness their respective strengths to drive progress in achieving decarbonization goals in ASEAN.

Most ASEAN member countries have set goals for net zero in the medium to long term will need realistic transition strategies to achieve both decarbonization and economic growth. In September 2021, ACE published the 7th ASEAN Energy Outlook (AEO), which charts ASEAN's future energy pathway, and is currently preparing the 8th edition.

About the Mitsubishi Research Institute

The Mitsubishi Research Institute is one of Japan’s foremost think tanks. For the last 50 years, it has provided the public and private sectors with research and consulting services in fields spanning the environment, energy, healthcare, and digital transformation. This is accompanied by policy recommendations and the real-world application of solutions. Mitsubishi Research Institute will continue to envision the future, resolve societal issues, and lead change to build a sustainable and prosperous world. For more information, please visit: www.mri.co.jp/en/

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General Contact

Hiroyuki Ishida, Kyohei Yoshinaga, and Ryusuke Shida
Center for Policy and the Economy
Mitsubishi Research Institute, Inc.
10-3, Nagatacho 2-chome, Chiyoda-ku, Tokyo 100-8141, Japan
Email: pec-asean@ml.mri.co.jp

Media Contact

Group Corporate Communications Division
Mitsubishi Research Institute, Inc.
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