Three aces for Southeast Asia climate leadership
Global climate finance is entering a period of disruption. In 2024, the United States contributed $11 billion in international climate funding — its highest level in years. But that support is now frozen or redirected under a new administration, leaving a vacuum in funding. For ASEAN, this not only creates a gap to be filled — but also a strategic opening to lead, by advancing a homegrown model of climate investment rooted in regional strengths.