The governments of France, Germany and the United Kingdom and the world’s biggest philanthropic organisations have launched a new funding platform that aims to lend a minimum of US$20 million to boost renewable energy investments in Southeast Asia, particularly in solar, wind, and storage. The Southeast Asia Clean Energy Facility (SEACEF) was unveiled at the One Planet summit in New York in September. The partnership includes philanthropic foundations such as the Bloomberg Philanthropies, European Climate Foundation (ECF), Children’s Investment Fund Foundation (UK), and IKEA Foundation. The funding platform aims to boost the early stage of renewable energy project developments particularly in Southeast Asia’s major coal-burning countries-Indonesia, Vietnam and the Philippines. 

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