Investing in Southeast Asia’s clean energy transition
Today Australia has made its first investment under the Australian Government’s $2 billion Southeast Asia Investment Financing Facility, announced by Prime Minister Albanese at the ASEAN-Australia Special Summit in March this year.
Australia has approved a $75 million (US$50 million) equity investment in the Singapore Government’s Financing Asia’s Transition Partnership (FAST-P) initiative, which aims to support the region’s clean energy transition.
This undertaking is a major step forward in the government’s implementation of Invested: Australia’s Southeast Asia Economic Strategy to 2040. It demonstrates our commitment to practical action that benefits Australia and the region.
As the region transitions towards a clean…
