Greening Asia's Economic Development

Paul Burke () and Thang N. Do

Asian Economic Policy Review, 2021, vol. 16, issue 1, 22-39

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.

Date: 2021
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https://doi.org/10.1111/aepr.12316

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