USAID Clean Power Asia Quarterly Report Fiscal Year 2018: January 1, 2018 to March 31, 2018

The program specifically focuses on incorporating renewable energy into planning, promoting smart incentives, building an enabling environment for renewable energy policies and frameworks, and catalytic finance. The program collaborates with diverse stakeholders, partners, and regional organizations in four Lower Mekong (LM) countries (Cambodia, Lao PDR, Thailand, and Vietnam) and shares lessons learned and best practices among additional ASEAN member countries (Philippines, Indonesia). The goal of USAID Clean Power Asia is to accelerate the regional transition to a high performing, low carbon power sector. The program goal is to be accomplished through three interconnected outcomes: high renewable energy scenarios included in energy planning, improved enabling policy, regulatory, and technical environment for renewable energy deployment, and increased investment in and deployment of grid-connected renewable energy projects. During the reporting period of January 1, 2018 to March 31, 2018, the program made significant progress in achieving its outcomes. Indicator 1, which measures the number of laws, policies, regulations, or standards addressing clean energy formally proposed, adopted, or implemented as supported by USG assistance, showed a 22% increase from the previous year, with 2 laws or policies implemented. Indicator 2, which measures the amount of investment mobilized for clean energy as supported by USG assistance, showed a 44% increase from the previous year, with $37.5 million mobilized. Indicator 3, which measures clean energy generation capacity supported by USG assistance that has achieved financial closure, showed a 22% increase from the previous year, with 11 megawatts of capacity supported. The program also made progress in improving the management of natural capital, with the mobilization of public and private sector for low emission development strategies increasing by 22% from the previous year. The program's efforts to promote sustainable and equitable regional growth have been recognized, with the improved management of natural capital being a key indicator of success. The USAID Clean Power Asia initiative has been successful in promoting the adoption of renewable energy in the Lower Mekong region. The program's focus on incorporating renewable energy into planning, promoting smart incentives, building an enabling environment for renewable energy policies and frameworks, and catalytic finance has led to significant progress in achieving its outcomes. The program's efforts to improve the management of natural capital and promote sustainable and equitable regional growth have been recognized, and the program continues to make significant contributions to the region's transition to a high performing, low carbon power sector. The program's success can be attributed to its collaborative approach, which brings together diverse stakeholders, partners, and regional organizations to promote the adoption of renewable energy. The program's focus on building an enabling environment for renewable energy policies and frameworks has led to the implementation of laws and policies that support the adoption of renewable energy. The program's efforts to mobilize investment for clean energy have also been successful, with significant amounts of investment mobilized for renewable energy projects. The USAID Clean Power Asia initiative is a model for promoting the adoption of renewable energy in developing countries. The program's focus on building an enabling environment for renewable energy policies and frameworks, mobilizing investment for clean energy, and promoting sustainable and equitable regional growth has led to significant progress in achieving its outcomes. The program's success can be replicated in other regions, and it serves as a model for promoting the adoption of renewable energy in developing countries.