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Prime Infra’s CEO says the Paris 1.5-degree goal is ‘feasible’ for Southeast Asia—if governments are willing to pay for it
Southeast Asia can still meet the Paris Agreement’s most ambitious climate goal—but only if governments accept higher energy costs, the CEO of one of the Philippines’ biggest infrastructure developers said on Tuesday.
AI Summary
Prime Infrastructure Capital CEO Guillaume Lucci said Southeast Asia can still meet the Paris Agreement’s 1.5‑degree goal, but only if governments accept higher energy costs. He made the remark at Fortune’s Southeast Asia 500 Summit in Ho Chi Minh City, Vietnam. Lucci noted that achieving the objective would require sacrificing cost to reach the target. The statement was delivered onstage during the summit.
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