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1 Alexandra Tracy Chairman, Association for Sustainable & Responsible Investment in Asia ASIA’S IMPOSSIBLE ENERGY CHALLENGE Tokyo, September 2011

Alexandra tracy

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Page 1: Alexandra tracy

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Alexandra Tracy

Chairman, Association for Sustainable & Responsible Investment in Asia

ASIA’S IMPOSSIBLE ENERGY CHALLENGE

Tokyo, September 2011

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ASrIA – sustainable investment leaders

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Source: World Energy Council

Projected growth in world population and energy consumption

Population Energy consumption

Developing countries

Industrialised countriesDeveloping countries

Industrialised countries

1990 2020 2050 1990 2020 2050

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Energy policy trade offs

Energy security

 • effective management

of primary energy supply from domestic and external sources

• reliability of energy infrastructure

• ability to meet current and future demand

Social equity

 • accessibility and

affordability of energy supply across the population

Environmental impact

 • achievement of

supply and demand side energy efficiencies

• development of energy supply from renewable and other low carbon sources

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2010 new investment in renewable energy by region

Source: Bloomberg New Energy Finance, UNEP

US$ bn

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Source: Bloomberg New Energy Finance

The renewable energy financing continuum

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Source: Bloomberg New Energy Finance

Sustainable energy funds

US$, Q1 2011(excludes SRI funds)

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Source: IRRCi/Risk Metrics, Watson Wyatt

41

47

82

99

105

120

154

190

195

200

1300

0 200 400 600 800 1000 1200 1400

India Employees' Provident Fund

Australia Government Future Fund

Australia National Social Security Fund

Malaysia Employees Provident Fund

Singapore Central Provident Fund

Singapore Temasek Holdings

Taiwan Postal Savings Fund

Korea National Pension Fund

China Investment Corporation

Government of Singapore Investment Corp.

Japan Government Pension Investment

US$ (Billions)

Asian institutional investors

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Asian emerging market banks

Source: BankersAlmanac, Global Finance

Largest regional banks by asset size (Sep 2010)

1 Industrial & Commercial Bank of China China

2 China Construction Bank China

3 Agricultural Bank of China China

4 Bank of China China

5 Bank of Communications China

6 China Merchants Bank China

7 Shinhan Bank South Korea

8 Shanghai Pudong Development Bank China

9 State Bank of India India

10 Kookmin Bank South Korea

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Source: World Economic Forum

Policy: appropriate mechanism for technology stage

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Policy: “Green Growth” in Korea

Source: IEA

Electricity production 2010

Source: Bloomberg New Energy Finance

Global stimulus spending on clean energy US$bn

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Perceived effectiveness of policymaking

Source: World Energy Council

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Source: Bloomberg New Energy Finance, UNEP

Global new investment in renewable energy

US$ bn

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Alexandra Tracy,Chairman

(852) 94662750 [email protected]