The Cop21 Agreement and Asian Economies

Jan-Erik Lane

Asian Review of Environmental and Earth Sciences, 2016, vol. 3, issue 1, 1-9

Abstract: The global agreement on climate change – COP21 – will have immediate consequences upon the large emitters of greenhouse gases (GHG) in Asia. From 2018 there can be no increases of GHG:s and preferable some decreases. The unique global agreement speaks little about the economic consequences, but emissions and GDP are strongly linked through energy consumption. This article shows the situation for major economies in Asia with regard to the connection between GDP and GHG:s. It remains to be seen how the implementation of this global treaty will play out. Whether it has the force of public international law remains to be tested as well as whether all countries will ratify the treaty and abide by it. Several Asian countries have only 2 years to make major changes.

Keywords: COP21-agreement; Climate change; Global coordination; Greenhouse gases emissions (GHG) – total versus per capita; Energy consumption; South Korea; China; India; Indonesia; Pakistan; Singapore; Japan; Super fund; Stern. (search for similar items in EconPapers)
Date: 2016
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