British International Investment has launched British Climate Partners, a £1.1 billion initiative designed to mobilise private capital and accelerate the energy transition across Asian developing economies. The initiative will focus on India and South-East Asia, supporting climate projects in markets with rising energy demand and clear decarbonisation goals.

Rapid urbanisation and industrialisation have transformed ASEAN into an economic powerhouse, making it the fifth-largest economy globally. However, ASEAN is also one of the most vulnerable regions to climate change. To ensure its continued growth and secure its path to becoming the world’s fourth-largest economy, it is imperative that the region focuses on climate risk mitigation and transitions to a more sustainable economy.

The Clean Growth Handbook Malaysia (the Handbook) was commissioned by the UK’s Foreign, Commonwealth and Development Office to highlight the clean growth opportunities in Malaysia as well as collaboration opportunities between Malaysian and British organisations to advance the agenda.