Nick Nazmi

Powering the Transition to Sustainability-Centered Growth | Asia Summit 2024

Meghan Morris, Anindya Novyan Bakrie, Penny Burtt, Amit Midha, Nik Nazmi bin Nik Ahmad, Anindya Bhairavi, Penny Bush, Amit Mehta, Nick Nazmi

Industry leaders and government officials from Indonesia, Malaysia, and Saudi Arabia convened to address the $3.2 trillion annual investment gap in global energy transition, highlighting regulatory hurdles in aviation and the critical need to integrate SMEs into sustainable practices. Key figures discussed leveraging Southeast Asia's 500 gigawatts of renewable potential and critical minerals while showcasing how AI and electric vehicle pilots have already reduced emissions and operational costs. The dialogue emphasized public-private partnerships as essential for achieving 2050 net-zero targets, with specific forecasts for normalized sustainable aviation fuel usage and a functional global carbon market by 2034.