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Executive Panel 2: Accelerating Decarbonisation: Policies to Pathways

Wednesday, 19 February
Conference Hall 2, Level 3
Panel

The inadequate roadmap to achieve net-zero greenhouse gas emissions in the Asia-Pacific region is challenged by the need to meet growing energy demand while transitioning towards decarbonisation. CCUS, methane elimination, and electrification hold significant potential for payback and monetisation in efforts to accelerate decarbonisation. Notably, the Asia-Pacific region could contribute 55% of global CCUS by 2050 (McKinsey, 2022), with an anticipated $15 billion investment across APAC (Rystad, 2024). Moreover, over 20 countries in the region have committed to reducing methane emissions by at least 30% from 2020 levels by 2030 (GMP, 2024).

To unlock this potential, and with the Global Methane and Paris Agreement Pledges on the horizon, policymakers and industry leaders must navigate this complexity by implementing effective strategies to deliver impact at scale. This session focuses on two main objectives:

  1. Using policies as enablers to accelerate decarbonisation of industries
  2. Employing technologies to drive decarbonisation and electrification for efficient usage

Speakers will discuss and share lessons learned and best practices on:

  • Assessing current progress and identifying challenges ahead for CCUS and methane emissions reduction in Asia.
  • Developing impactful frameworks for measuring carbon emissions and advancing carbon markets.
  • Making the energy transition through electrification and direct air capture technically and economically viable for energy players across the Asia-Pacific.
Speakers
Siti Sulaiman, Country Chair & Senior Vice President Upstream - Shell Malaysia