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This book explores one of the most pressing challenges confronting Asian economies — the gradual transition away from coal-fired power generation. It provides a comprehensive and evidence-based analysis of how coal-dependent countries can accelerate the shift toward cleaner energy while safeguarding economic stability, energy security, and social inclusion.While coal remains a key source of affordable electricity, it also poses serious environmental, financial, and social challenges. Drawing on extensive on-the-ground research and stakeholder interviews across Bangladesh, Indonesia, Malaysia, Pakistan, Japan and China, the book captures the perspectives of plant operators and financial institutions navigating this complex transition.While the book identifies key barriers to energy transition such as rigid power purchase agreements, financing risks, and policy uncertainty, it also proposes practical pathways through innovative financing instruments, policy reforms, and just transition measures. By combining country-specific evidence with regionally relevant insights, this volume offers academics, researchers, policymakers, and financial actors a pragmatic roadmap for achieving a fair, inclusive, and economically viable transition from coal to clean energy across Asia.
This book explores one of the most pressing challenges confronting Asian economies — the gradual transition away from coal-fired power generation. It provides a comprehensive and evidence-based analysis of how coal-dependent countries can accelerate the shift toward cleaner energy while safeguarding economic stability, energy security, and social inclusion.While coal remains a key source of affordable electricity, it also poses serious environmental, financial, and social challenges. Drawing on extensive on-the-ground research and stakeholder interviews across Bangladesh, Indonesia, Malaysia, Pakistan, Japan and China, the book captures the perspectives of plant operators and financial institutions navigating this complex transition.While the book identifies key barriers to energy transition such as rigid power purchase agreements, financing risks, and policy uncertainty, it also proposes practical pathways through innovative financing instruments, policy reforms, and just transition measures. By combining country-specific evidence with regionally relevant insights, this volume offers academics, researchers, policymakers, and financial actors a pragmatic roadmap for achieving a fair, inclusive, and economically viable transition from coal to clean energy across Asia.
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