Case Study: Paving the way for a swifter energy transition in Asia

US$7.53bn

Amount of investment in clean energy in Japan in 2022

70%

Percentage of energy sourced from fossil fuels in Asia

US$1tn

Amount committed to be raised by Japanese government through investments over 10 years

US$997bn

Investments needed to support Japan’s green transformation strategy

cs8

Case study summary

Asia’s shift toward sustainability carries profound global significance. As the source of about two-thirds of global growth in 2023, the region’s heavy dependence on coal has made it a major contributor to harmful greenhouse gas emissions. Addressing this issue is crucial for achieving global climate goals.

Paramount to making progress on the continent’s net-zero targets is addressing Asia’s climate finance shortfall -- estimated at around US$800 billion. Within the Asian climate investment context, Japan stands out as a rare beacon of progress and potential. Investing in Japan’s renewable energy sector not only supports the country’s energy transition but also presents a prime opportunity for global long-term capital and access to regional economies.

In this context, the US$474 million investment by CDPQ, a global investment group, in collaboration with Japan’s Shizen Energy, represents a pivotal development. This investment aims to accelerate the energy transition in Japan and key international markets and marks CDPQ’s inaugural direct infrastructure investment in Japan.

Organisations involved: CDPQ, Shizen Energy

Download Case Study ufi-member 1

Share ADIPEC's 'Energy in Context' with your LinkedIn network

Click this link: www.adipec.com/sharecasestudy
Log in to your LinkedIn account
Edit the text and banner (optional)
Publish the post

What is the Energy in Context series?

The transformation of the world’s energy system offers a unique opportunity for economic growth, with the energy sector driving global advancement.

ADIPEC’s Energy in Context series presents high-value briefs and case studies that showcase progress, foster dialogue and fast-track innovation to accelerate the energy transition.

The series explores key pillars driving the industry’s transformative journey towards a secure, equitable, and sustainable energy future.

Decarbonising today’s energy systems

Energy, economic growth and emissions

Financing a just, orderly and equitable transition

Financing innovation in energy systems

Synergies between energy and AI, technology

Navigating the energy transition talent gap

Join ADIPEC, the world's largest energy conference and exhibition

ADIPEC offers an inclusive stage where over 1,800 thought leaders address the most pressing global energy challenges through 370+ strategic and technical conference sessions. The event convenes 205,000+ attendees and 2,250+ energy companies from around the world to showcase the latest innovations shaping the future of energy.