Climate Change—Priority Agenda for Policy Makers and Opportunities for Business in Emerging Markets in Asia

Bindu N. Lohani
Additional contact information
Bindu N. Lohani: Bindu Lohani is the Vice President of Asian Development Bank, Philippines.

Global Journal of Emerging Market Economies, 2009, vol. 1, issue 3, 339-350

Abstract: Asia is fast becoming a major source of greenhouse gas emissions (GHGs) as a consequence of rapid and carbon-intensive economic growth. Today, developing Asia accounts for 29 per cent of global energy-related CO2 emissions—three times bigger than its share 30 years ago. Given this context, the priority agenda for the policy makers of Asia’s emerging markets, and opportunities for business are outlined. This paper then identifies key areas in which policy actions need to be taken which will lead to providing ample opportunity for business investments in the near term. Asian economies need to make large investments in energy conservation, energy efficiency, alternative energy sources, clean technology, and energy for the poor. The paper concludes that the global outcome of efforts and initiatives undertaken will depend on the collective efforts taken by policy makers, the private sector, the civil service organisations, and the development partner agencies.

Keywords: climate change; emerging markets; Emerging Markets Forum; policy; priority actions; energy; energy saving companies; policy makers; business (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/097491010900100303 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:emeeco:v:1:y:2009:i:3:p:339-350

DOI: 10.1177/097491010900100303

Access Statistics for this article

More articles in Global Journal of Emerging Market Economies from Emerging Markets Forum
Bibliographic data for series maintained by SAGE Publications ().