EU-ASEAN
GREENTECH TRANSFER INITIATIVE

About

Southeast Asia has enjoyed strong economic growth, but to sustain this growth and to face today’s challenges, its countries must now master the transition from resource -driven economies, which are based on unsustainable natural resource exploitation and cheap labor to efficiency- and innovation-driven economies.

The key to this transition is Green Growth. But Green Growth requires state-of-the-art technologies, based on necessary scientific, technological and innovation competencies and capacities. Building these is a considerable challenge, especially for Southeast Asia’s catching-up economies.

To accelerate this transition, Europe with its world-class research and innovation system and strong, innovative enterprises, is a natural strong partner. The European Union and ASEAN have a long record of successful Research & Development and socio-economic cooperation. The new objective is now to extend this cooperation towards jointly building up Green technologies and the capacities and competencies to develop and apply these successfully.

The GreenTech initiative seeks to achieve this through dedicated transfer of Green Technologies, collaborative EU-ASEAN Research & Development and related capacity building.