Prime Infra’s CEO says the Paris 1.5-degree goal is ‘feasible’ for Southeast Asia—if governments are willing to pay for it | Fortune

Prime Infrastructure Capital President and CEO Guillaume Lucci said at Fortune’s Southeast Asia 500 Summit in Ho Chi Minh City that the Paris Agreement’s 1.5-degree target is achievable for Southeast Asia, but only if governments accept higher costs. Lucci framed the tradeoff as “sacrificing cost to achieve the objective,” signaling that public funding or subsidies will be central to the region’s decarbonization path. The remarks put a price tag on the transition for a region balancing rapid growth with climate commitments. Watch for government spending plans and policy incentives that determine whether Prime Infra and peers can justify the added cost.