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.

Commissioned by the UK’s Foreign, Commonwealth and Development Office, this report from Arup identifies four opportunities related to oil and gas and its downstream sectors that can lay the foundation for Brunei’s green economy by driving decarbonisation and bringing economic value for the nation.