Abstract
Asia is facing serious environmental challenges including urban air pollution and the effects of global climate change. As a major source of greenhouse gases, what happens in Asia will play a crucial role in determining the extent to which the world warms over coming decades. This paper reviews key environmental challenges faced by the region and the growing opportunities for a transition to a cleaner economy powered by zero-emission energy sources. Economic mechanisms - including emissions pricing, reverse auctions, and renewable portfolio standards with green certificate schemes - have the potential to underpin a much greener development model for the Asian Century.
Original language | English |
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Pages (from-to) | 22-39 |
Journal | Asian Economic Policy Review |
Volume | 16 |
DOIs | |
Publication status | Published - 2021 |