Southeast Asia must increase clean energy investments to USD190bn annually by 2035—about five times the current level—to meet climate goals, the IEA said on Tuesday. The region needs strategies to reduce emissions from its young fleet of coal-fired plants amid rapid economic expansion challenging energy security and climate objectives. Efforts to close coal power plants face delays, with a missed deadline on an Indonesian project. Electricity demand is projected to grow 4% annually, with clean energy expected to meet over a third of this growth by 2035. However, this won't suffice to curb carbon dioxide emissions, set to rise 35% by mid-century. The region attracts only 2% of global clean energy investment but needs to double annual grid investment to nearly USD30bn by 2035.