IEA and Singapore set up regional hub for clean energy transition
This will be the IEA’s first office outside of its headquarters in Paris, France.
The announcement was made during the IEA’s 50th Anniversary Ministerial today in Paris.
The IEA Regional Cooperation Centre will serve as a hub for the IEA’s activities and engagements in the region and beyond, providing policy guidance, technical assistance, and training and capacity building.
The centre will focus on scaling-up the deployment of renewables and other clean energy technologies, increasing cross-border power-trade, improving access to finance for clean energy investments. The centre is scheduled to commence operations in the second half of this year.
Second Minister for Trade and Industry Dr Tan See Leng said: “The IEA Regional Cooperation Centre in Singapore will deepen our partnership with the IEA.
“The Centre will be the first energy-focused international organisation in Singapore and will be a strategic asset for the IEA in the Asia Pacific. It will energise the region’s decarbonisation journey, while continuing to provide advice on energy security and resilience.”
IEA Executive Director Dr Fatih Birol said: “On the IEA’s 50th anniversary, I am delighted to announce the establishment of our first ever office outside of our headquarters in Paris.
“This new office will allow us to significantly increase the IEA’s engagement with Southeast Asia, which is one of the most dynamic and fastest growing regions in the world and will be critical to the energy transition. Through the Centre, we stand ready to accompany all of the countries in the region as they strive to provide affordable, reliable and modern energy for all their citizens.”