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Chart
08 Oct 2025
Weighted Average Cost of Capital by technology in Indonesia, Viet Nam and the Philippines, 2024
Weighted Average Cost of Capital by technology in Indonesia, Viet Nam and the Philippines, 2024 CofCapital SE asia commentary
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Country
Malaysia
In Malaysia, the share of gas in the power mix decreased from 67% in 2005 to 47% in 2015, led by policies to switch to coal in response to declining domestic gas production. The country holds a large share of Southeast Asia’s fossil fuel resources.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy
Iceland
2018
Philippines - European Free Trade Association Free Trade Agreement
The Philippines and EFTA members – Iceland, Liechtenstein, Norway, and Switzerland – entered in 2018 into a free trade agreement that covers trade in goods, trade in services, investment, competition, intellectual property, government procurement, and sustainable development. The FTA provides the Philippines duty-free market access for all industrial and fisheries tariff lines.When it comes to the focused industry sectors, Phililppines' schedule includes most energy products and their constituents including but not limited to: nitrogen fertilisers, battery packs and cells, heat pumps, and ICE cars. (Base commodities such as iron, alumina, metals, ammonia, steel, and aluminum are not included. Electric motorcycle…
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Policy
Philippines
2016
Philippines’ Green Jobs Act of 2016
The Philippines’ Green Jobs Act of 2016 was a major piece of legislation designed to create and maintain jobs in the emerging green economy. It identifies skills needs, develops training programmes, and trains and certifies workers for jobs in a range of industries related to sustainable development and the transition to a green economy. It offers financial support for the creation of green jobs, including generous tax deductions for skills training programmes. The Act lays out a cross-agency effort to implement its goals. The Department of Labor and Employment (DOLE) was tasked with developing a National Green Jobs Human…
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Indonesia
Indonesia’s imports of oil have rapidly increased in recent years. This resource-rich nation is the world’s fourth-largest producer of coal and Southeast Asia’s biggest gas supplier. The country is the largest producer of biofuels worldwide and it is scaling up efforts to exploit its renewable energy potential. Indonesia's importance is underscored by its sizeable population of 250 million people – the fourth-largest in the world – and its significant role as a major producer and consumer of energy in regional and international markets. Indonesia is also the largest economy in ASEAN and an active member…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Dominican Republic
Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy
Philippines
2021
First NDC of Philippines
The Philippines aims to reduce its GHG emissions by 2.71% relative to a business-as-usual trajectory by 2030, and up to 75% conditional on the provision of international support.
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Policy
Philippines
2023
Korea - Philippines Free Trade Agreement
The Korea - Philippines Free Trade Agreement builds on the Korea - ASEAN Free Trade Agreement (the Philippines is a member state of the ASEAN) to further reduce or eliminate customs duties. The agreement was signed in 2023 and is expected to come in effect during the first half of 2024. The agreement needs to be ratified by the Korean National Assembly and the Filipino Senate in order to come into effect.Items whose tariffs are additionally lowered or removed as a result of this Agreement include:Imported into the PhilippinesCommercial VehiclesPassenger VehiclesCopper wireAutomobile componentsImported into KoreaCommercial vehiclesPassenger vehiclesThe Agreement also includes…
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Policy
Japan
2008
Japan-Philippines Economic Partnership Agreement (JPEPA)
The Japan-Philippines Economic Partnership Agreement (JPEPA) entered into force in December 2008. It provides for the gradual elimination of border tariffs for most energy products, including : iron, metals, steel, battery packs and cells, anodes, heat pumps, electric cars, and ICE cars. Specific rule of origins delineated in the Agreement provide that in order to qualify for preferential tariff treatment, goods must be wholly produced in one of the Parties' territories, or have undergone there a significant production process (entailing a change in tariff classification), or satisfy a 40% minimum local value content requirement.