UK & UN ESCAP launch initiative to boost green investment in Southeast Asia

The UK Government and United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) have launched the ASEAN Green Investment Catalyst (AGIC) initiative with £2.1 million funding to accelerate sustainable foreign direct investment across Southeast Asia. The initiative is part of the broader ASEAN-UK Green Transition Fund worth £40 million (2024-2029) and aims to develop investment-ready projects in green sectors while providing an innovative tool to match projects with investors.