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Asia in the Global Transition to Net Zero

Asia in the Global Transition to Net Zero
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 181
Release: 2023-04-01
Genre: Business & Economics
ISBN: 9292701185

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This report explores what a global transition to net zero could mean for Asia and the Pacific under a range of climate policy scenarios and provides recommendations. Developing Asia faces a climate policy crossroads. The region is highly vulnerable to climate change, even as it is an increasing contributor to the global climate crisis. This report models emission pathways based on commitments and pledges under the Paris Agreement and compares them with more optimal routes to net zero. It examines required transformations in the energy sector and land use and assesses socioeconomic implications. The report looks at policy costs, climate benefits, air quality co-benefits, and labor market outcomes, and discusses policies for an efficient and equitable transition.


Assessing the Implications of a Global Net-zero Transition for Developing Asia

Assessing the Implications of a Global Net-zero Transition for Developing Asia
Author: Johannes Emmerling
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

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This paper uses a global integrated assessment model to assess how developing Asia, the world's fastest-growing source of carbon emissions, could transition to low-carbon growth. It finds that national net-zero pledges do not have a high chance of keeping peak warming below 2°C. Under an efficient approach to achieve the Paris Agreement goals, the power sector would almost fully decarbonize by mid-century, and emissions from land use would strongly fall. Although the climate has a lagged response to emissions reductions, climate benefits outweigh costs by a factor of 3, with gains concentrated in the lowest-income subregions of Asia. Air quality would also improve, saving about 0.35 million lives in the region by 2050. Including these co-benefits raises the benefit-cost ratio for Asia under ambitious decarbonization to 5. Energy-related employment also rises during the transition. However, appropriate policies are needed to address potential effects on disadvantaged groups.


Asia's Transition to Net Zero

Asia's Transition to Net Zero
Author: Architesh Panda
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

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Asia is home to 60% of the world's population, 52% of global agricultural production, and 43% of agriculture-related greenhouse gas (GHG) emissions. While a large portion of the Asian population depends on agriculture for their livelihood and food security, the agriculture sector is one of the main sources of GHG emissions in the region. In some Asian economies, it accounts for more than 40% of total emissions. This report identifies the major sources of GHG emissions from the agriculture sector and reviews a variety of tools and technologies to change emission pathways. It also discusses the institutional, political, and economic challenges for achieving progress toward a cost-effective, inclusive, and resilient transition to net-zero agriculture.


Climate Smart Development in Asia

Climate Smart Development in Asia
Author: Ancha Srinivasan
Publisher: Routledge
Total Pages: 266
Release: 2013-07-03
Genre: Political Science
ISBN: 1136496920

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The future of China, India and Asia’s other emerging economies and their ability to take a ‘low-carbon’ and ‘climate-resilient’ development path determine the future of global carbon emissions and climate change. Indeed, the battle to confront global climate change will be won or lost in Asia. The transition to a low-carbon, climate-resilient economy (LCE), which involves many steps towards improved energy efficiency, alternative energy sources and transport systems, sustainable land use, eco-friendly consumption and proactive adaptation, may be regarded as the world's fourth revolution, after the industrial revolution, agricultural revolution, and the information revolution. Asia is highly vulnerable to impacts of climate change. Yet because of its dynamic economies and massive populations, Asia offers the greatest opportunity for overcoming the trade-offs and pursuing low-carbon development pathways. With a growing consensus that there is limited time to avoid the worst impacts of climate change, scientists, engineers, policymakers, and economists across Asia have recently begun discussions on how Asia can make a transition to LCE. Most discussions, however, focused on transfer of technologies from developed to developing countries and overlooked other equally important challenges such as financing, governance, and information dissemination. This book is the first to look at these neglected aspects of LCE and attempt to integrate both market-based and technology-based solutions into a comprehensive strategy to creating a roadmap for LCE in Asia. This book is an essential reading for economists, policy makers, practitioners, engineers and researchers concerned with climate change, energy production and development in Asia and the impacts and potential for the world.


Asia’s Perspectives on Climate Change

Asia’s Perspectives on Climate Change
Author: Ms. Era Dabla-Norris
Publisher: International Monetary Fund
Total Pages: 74
Release: 2023-11-29
Genre: Business & Economics
ISBN:

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Asia and the Pacific’s green transition will have far-reaching implications for the global economy. Over the past decades, the region has become the engine of global economic growth. With relatively heavy reliance on coal and high energy intensity, the region has recently become the largest contributor to growth in global GHG emissions, accounting for nearly 40 percent of the total emissions in 2020. Achieving net zero by 2050 requires an energy transition at an unprecedented scale and speed, even as the region must ensure energy security and affordability. The region must also address its vulnerability to climate change as it comprises many countries highly exposed to climate hazards increasing in severity and frequency with global warming. If managed well, the green transformation in Asia and the Pacific will create opportunities for economies not only in the region, but also around the world for inclusive and sustainable growth. The global economy is still far from achieving net zero by 2050, and the Asia and the Pacific region must play its part to deliver on mitigation and adaptation goals. Understanding Asia’s perspectives on the constraints and issues with climate ambitions, climate policy actions, and constraints is central for devising climate strategies to meet climate goals. To this end, this chapter draws on novel surveys of country authorities and public in the region to distill climate ambitions and challenges faced and identify sources of major gaps in achieving mitigation and adaptation goals. Measures to help close the gaps are drawn from policy discussions with country authorities in bilateral surveillance and related studies.


Managing the Transition to a Low-Carbon Economy

Managing the Transition to a Low-Carbon Economy
Author: Bindu N. Lohani
Publisher:
Total Pages: 0
Release: 2016-03-29
Genre: Business & Economics
ISBN: 9784899740575

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Asia must be at the center of the global fight against climate change. It is the world's most populous region, with high economic growth, a rising share of global greenhouse gas emissions, and the most vulnerability to climate risks. Its current resource- and emission-intensive growth pattern is not sustainable. This study recognizes low-carbon green growth as an imperative-- not an option--for developing Asia. Asia has already started to move toward low-carbon green growth. Many emerging economies have started to use sustainable development to bring competitiveness to their industries and to serve growing green technology markets. The aim of this study is to share the experiences of emerging Asian economies and the lessons they have learned. The book assesses the low-carbon and green policies and practices taken by Asian countries, identifies gaps, and examines new opportunities for low-carbon green growth.


Sustainable Energy Transition In South Asia: Challenges And Opportunities

Sustainable Energy Transition In South Asia: Challenges And Opportunities
Author: S Narayan
Publisher: World Scientific
Total Pages: 209
Release: 2019-07-18
Genre: Business & Economics
ISBN: 9811204330

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With South Asia's growing energy demand, governments in the region are facing the short-term pressures of facilitating energy access, while attempting to formulate long-term sustainable strategies. This book explores how the key economies of South Asia are addressing issues such as the diversification of energy consumption profiles and import sources, investments in renewables, enabling universal energy access, challenges to regional energy cooperation, greenhouse gas emissions and climate change, and the policy changes that can foster bilateral and multilateral action.As governments seek to ensure access to affordable, reliable, secure, sustainable and modern energy, trends and drivers are emerging and shaping the South Asian energy landscape. The first section of the book examines energy trends at the regional level, while the second section focuses on the internal and external challenges faced by India — the largest energy consumer in the region and the third-largest energy consumer in the world.The diverse perspectives in this volume provide a holistic snapshot of South Asia's ongoing low-carbon energy transition, and highlight the importance of the region working collectively to navigate the many obstacles.


Moving Toward Net-Zero Carbon Society

Moving Toward Net-Zero Carbon Society
Author: Hsing-Hao Wu
Publisher: Springer
Total Pages: 0
Release: 2023-06-19
Genre: Science
ISBN: 9783031245442

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This open access book explores various issues concerning the net-zero emission achievement, ranging from carbon pricing, carbon trade schemes, energy transition, ecological conservation, and carbon sinks, as well as the economic and social impacts of introducing carbon neutral policies in the Asia-Pacific region. The extreme flooding and drought problems, crop yield problems, and habitat changes brought about by climate change have seriously threatened the ecosystem and human survival, forcing people to rethink environmental management policies and limits on economic development. In the post-COVID-10 era, it is indispensable to adopt a more proactive climate change adaptation policy and establish bilateral cooperation with international partners who value climate change. 2021 is a critical year, and the leaders of major industrial countries at the recently concluded G7 meeting jointly stated the common objective seeking the establishment of carbon-neutral international community by the mid of the century. Major carbon-emitting countries or entities such as the European Union, US, Japan, Korea, China, and India have proposed specific timetables for net-zero carbon emissions and carbon neutrality before or at the COP26. Policy-makers around the world would also work closely with scientists, experts, and enterprises seeking appropriate policy instruments such as the development of carbon tax, carbon pricing, carbon sinks, global or regional carbon emission trade schemes, energy transitions, and other carbon-neutral policies moving toward net-zero emission society by the mid of the century. At a time when carbon pricing policies are being formulated, climate change related laws and policies will reshape the global governance and industrial layout during the period of 2021–-2030, and it is critical to move toward energy and industrial transformation, ecological conservation, and sustainable agricultural development.


Global Renewables Outlook: Energy Transformation 2050

Global Renewables Outlook: Energy Transformation 2050
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
Total Pages: 344
Release: 2020-04-01
Genre: Technology & Engineering
ISBN: 9292602500

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This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.