Green Growth Opportunities for Asia

Sam Fankhauser (), Alex Kazaglis () and Sugandha Srivastav ()
Additional contact information
Alex Kazaglis: Vivid Economics
Sugandha Srivastav: Vivid Economics

No 508, ADB Economics Working Paper Series from Asian Development Bank

Abstract: This paper assesses the low-carbon economy in Asia: how large it is today and how well it will fare in the future. Using patent and trade data, it analyzes the potential of Asian economies to capture value from the design and export of low-carbon technologies, acknowledging that these are only two dimensions of a multidimensional low-carbon economy. It conducts country-level analysis to identify which technologies different countries can specialize in and potentially scale up. The work shows that, overall, Asia has an innovation specialization and revealed comparative advantage in climate change mitigation technologies. Particular strengths include efficient lighting, photovoltaics, and energy storage technologies. Further opportunities include nuclear and smart grids. However, within Asia, there are regional disparities, with countries such as the People’s Republic of China, Japan, and the Republic of Korea outperforming others. This paper highlights how the analytical framework it presents can be used to strategically inform environmental policy makers and concludes with an overview of the green growth policy tool kit.

Keywords: climate change; economic growth; energy; environment; urban development (search for similar items in EconPapers)
JEL-codes: Q42 Q43 Q54 Q56 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2017-01-27
New Economics Papers: this item is included in nep-ene, nep-env, nep-sea and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0508

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