The emerging markets in Asia have achieved strong GDP and power consumption growth over the past decade, and the region’s economies are expected to continue expanding at a similar pace through 2050. With the climate targets announced by the countries, there are unique challenges faced by the emerging markets. How can countries decarbonize while growing? How can the energy transition move ahead while balancing decarbonization, affordability and energy security? What policy tools could effectively support the energy transition in those markets? Which new low-carbon technologies would penetrate those markets?