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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 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.


Climate Smart Development in Asia

Climate Smart Development in Asia
Author: Ancha Srinivasan
Publisher: Routledge
Total Pages: 249
Release: 2013-07-03
Genre: Political Science
ISBN: 1136496912

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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.


Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.


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.


The Economics of Climate Change in Southeast Asia

The Economics of Climate Change in Southeast Asia
Author: Asian Development Bank
Publisher:
Total Pages: 264
Release: 2009
Genre: Climatic changes
ISBN:

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This report provides a review of the economics of climate change in the Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. It confirms that the region is highly vulnerable to climate change and demonstrates that a wide range of adaptation measures are already being applied. The report also shows that the region has a great potential to contribute to greenhouse gas emission reduction, and that the costs to the region and globally of taking no early action against climate change could be very high. The basic policy message is that efforts must be made to apply all feasible and economically viable adaptation and mitigation measures as key elements of a sustainable development strategy for Southeast Asia. It also argues that the current global economic crisis offers Southeast Asia an opportunity to start a transition towards a climate-resilient and low-carbon economy by introducing green stimulus programs that can simultaneously shore up economies, create jobs, reduce poverty, lower carbon emissions, and prepare for the worst effects of climate change.


Southeast Asia and the Economics of Global Climate Stabilization

Southeast Asia and the Economics of Global Climate Stabilization
Author: David A. Raitzer
Publisher: Asian Development Bank
Total Pages: 321
Release: 2015-12-01
Genre: Science
ISBN: 9292573055

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Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases (GHGs). This study focuses on five countries of Southeast Asia that collectively account for 90% of regional GHG emissions in recent years---Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamic economy–energy–environment models under an array of scenarios that reflect potential regimes for regulating global GHG emissions through 2050. The modeling identifies the potential economic costs of climate inaction for the region, how the countries can most efficiently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of benefits and costs. Drawing on the modeling results, the study analyzes climate-related policies and identifies how further action can be taken to ensure low-carbon growth.


Green Growth and Sustainable Development

Green Growth and Sustainable Development
Author: Jesús Crespo Cuaresma
Publisher: Springer Science & Business Media
Total Pages: 239
Release: 2012-12-21
Genre: Business & Economics
ISBN: 3642343546

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The book examines problems associated with green growth and sustainable development on the basis of recent contributions in economics, natural sciences and applied mathematics, especially optimal control theory. Its main topics include pollution, biodiversity, exhaustible resources and climate change. The integrating framework of the book is dynamic systems theory which offers a common basis for multidisciplinatory research and mathematical tools for solving complicated models, leading to new insights in environmental issues. ​


Shock Waves

Shock Waves
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 227
Release: 2015-11-23
Genre: Business & Economics
ISBN: 1464806748

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Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.