Transport, air-con are key green investment areas in Asean: expert

Singapore

URBAN transport is an important green investment area to watch in Asean, as countries grapple with air pollution associated with conventional vehicles, said climate policy and finance expert Paul Bodnar.

Noting that India is accelerating its transition to electric vehicles, he said: "That has not happened in Indonesia, the Philippines and Vietnam yet, but I would not be surprised if they follow India's example."

Agricultural land-use and air-conditioning are other key areas for Asean, said the managing director of non-profit Rocky Mountain Inst…