ASEAN could unlock up to US$1.5 trillion in value and generate US$300 billion annually through green investments, regional power grids, carbon markets, and clean energy incentives by 2030, said Malaysia’s Trade and Industry Minister Tengku Zafrul Aziz.
ASEAN Eyes US$1.5 Trillion Green Economy Boost by 2030
Malaysia approved nearly 1,000 green projects in 2024, injecting RM20.8 billion into the economy. Key frameworks include the ASEAN Taxonomy, carbon neutrality strategies, and the ASEAN Power Grid (APG), which could add US$3 trillion to GDP by 2050 and create 1.45 million jobs.
The ASEAN Digital Economy Framework may also double the digital economy to US$2 trillion by 2030, driven by youth, innovation, and gender inclusivity.
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