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Policy Options For Climate Mitigation Emissions Trading Schemes In Asia Pacific
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Book Synopsis Policy Options for Climate Mitigation: Emissions Trading Schemes in Asia-Pacific by : Ms. Margaux MacDonald
Download or read book Policy Options for Climate Mitigation: Emissions Trading Schemes in Asia-Pacific written by Ms. Margaux MacDonald and published by International Monetary Fund. This book was released on 2024-07-19 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large reductions in global emissions are needed for the world to be on track to meet global temperature goals. Asia-Pacific countries have a critical role in emissions reduction given their large and rising share in global emissions. This paper discusses the main opportunities and behavioral responses for reducing emissions, and commonly used mitigation instruments. It then considers key design issues for carbon pricing, with a focus on emissions trading schemes (ETS), describes measures to overcome the obstacles to carbon pricing, and discusses experiences with carbon pricing relevant for Asia-Pacific economies. Lastly, the paper covers complementary policy reforms, including reinforcing mitigation instruments, public investment, fuel tax reform, green industrial policies, and supporting reforms to the energy sector. Carbon pricing, including ETSs can be the centerpiece of climate mitigation strategies for most countries, particularly if ETSs are designed to mimic some of the administrative and economic attractions of carbon taxes and implemented appropriately.
Book Synopsis Emissions Trading Schemes and Their Linking by : Asian Development Bank
Download or read book Emissions Trading Schemes and Their Linking written by Asian Development Bank and published by Asian Development Bank. This book was released on 2016-04-01 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.
Book Synopsis Climate Policy Assessment by : Mikiko Kainuma
Download or read book Climate Policy Assessment written by Mikiko Kainuma and published by Springer Science & Business Media. This book was released on 2011-06-28 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asia–Pacific Integrated Model (AIM) brings together more than 20 computer simulation models for development and analysis of policy in such diverse fields as climate change mitigation, air pollution abatement, and ecosystem preservation. This first book in a series on the development of AIM focuses on climate change issues and the evaluation of policy options to stabilize the global climate. It presents an overview of the models developed to date, their structure, and the results and analyses presented to policymakers and researchers at the levels of individual Asian countries, the Asia–Pacific region, and the world at large. The contents vary in scope from local to global issues, with discussions of the effects of climate policies, cost analyses of climate policies with their effects on trade, and global scenario analyses. Also included are impact analyses and the effects of promoting environmental technologies.
Book Synopsis Post-2020 Climate Action by : Shinichiro Fujimori
Download or read book Post-2020 Climate Action written by Shinichiro Fujimori and published by Springer. This book was released on 2017-09-16 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes assessments of the Paris Agreement to provide an excellent introduction to this research field. The AIM/CGE (Asia-Pacific Integrated Modeling /Computable General Equilibrium) model, which is the core of AIM modeling framework, is used for the assessment. The first part focuses on global issues, presenting both short-term (a few decades) and long-term (century scale) assessments in the context of the Agreement’s ultimate climate goal. It also discusses policy implementation and climate risk. Part 2 is a collection of assessments of individual Asian countries, providing insights into the national situations and detailed analyses. It includes contributions from Asian countries as well as NIES (National Institute for Environmental Studies, Japan) members. The main conclusion is that many countries require changes to their energy systems change and societal transformation in order to meet emissions targets. Part 3 describes in detail the AIM/CGE model, which is used to evaluate the climate and energy policies by simulating the future economic and energy and environmental situation in the Asia-Pacific region. This section can be used as a standard text on CGE modelling in climate change mitigation.
Download or read book Green Dragons written by Michael J. Green and published by CSIS. This book was released on 2010 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis National Strategies for Carbon Markets under the Paris Agreement by : Asian Development Bank
Download or read book National Strategies for Carbon Markets under the Paris Agreement written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-12-01 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes how carbon markets can be designed to help economies reach ambitious emission reduction goals and generate the financing needed to scale up climate action and build a resilient future. Designed as a framework for policymakers, it examines the current state of international and domestic carbon markets, delves into legal and policy issues, and explains how informed policy choices can be made when designing national strategies for carbon markets under the Paris Agreement. It assesses the opportunities and challenges with carbon markets, and shares insights on how high-integrity carbon markets can underpin the transition towards a low-carbon economy as countries transition towards net zero.
Book Synopsis Economic Instruments to Combat Climate Change in Asian Countries by : Ken'ichi Matsumoto
Download or read book Economic Instruments to Combat Climate Change in Asian Countries written by Ken'ichi Matsumoto and published by Kluwer Law International. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Asia, where most of the countries do not currently have emission reduction obligations, is an important region to address climate change issues because of its large GHG emissions. The total emissions of eight key Asian countries (Japan, Korea, China, Taiwan, Vietnam, Indonesia, Thailand, and India) represent 44% of the world emissions. Thus, regimes in these countries addressing climate change, if successful, would make significant progress towards climate mitigation. Recently, economic instruments, particularly carbon tax and emissions trading scheme (ETS), have attracted the most attention to combat climate change because of their cost efficiency to reduce emissions. This book presents the recent development of economic instruments in eight representative Asian countries. Each chapter shows the legal design of each economic instrument. Furthermore, the effect of the instruments, and the challenges to and improvement of the instruments are also described." -- Page four of cover.
Book Synopsis The Korea Emissions Trading Scheme by : Asian Development Bank
Download or read book The Korea Emissions Trading Scheme written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-11-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents a factual overview of the design and implementation of the Korea Emissions Trading Scheme, focusing on lessons from its implementation and opportunities under the Paris Agreement. It provides information to assist other countries that are designing or considering an emissions trading system. The contents are relevant as Asia and the Pacific embraces the need for climate action to deliver on its Paris Agreement commitments and many countries explore new emissions trading systems.
Book Synopsis Governments’ Responses to Climate Change: Selected Examples From Asia Pacific by : Nur Azha Putra
Download or read book Governments’ Responses to Climate Change: Selected Examples From Asia Pacific written by Nur Azha Putra and published by Springer Science & Business Media. This book was released on 2013-11-29 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This multidisciplinary volume articulates the current and potential public policy discourse between energy security and climate change in the Asia-Pacific region, and the efforts taken to address global warming. This volume is unique as it analyses two important issues climate change and energy security through the lens of geopolitics at the intersection of energy security. It elaborates on the current and potential steps taken by state and non-state actors, as well as the policy innovations and diplomatic efforts (bilateral and multilateral, including regional) that states are pursuing. This Brief stems from the assumption that its audience is aware of the consequences of climate change, and will therefore, only look at the issues identified. It provides a useful read and reference for a wide-range of scholars, policymakers, researchers and post-graduate students.
Book Synopsis Forests and Climate Change in the Asia-Pacific Region by :
Download or read book Forests and Climate Change in the Asia-Pacific Region written by and published by . This book was released on 2010 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Carbon Pricing in Japan by : Toshi H. Arimura
Download or read book Carbon Pricing in Japan written by Toshi H. Arimura and published by Springer Nature. This book was released on 2020-09-17 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change.
Book Synopsis Climate Change Policies in the Asia-Pacific by : Institute for Global Environmental Strategies
Download or read book Climate Change Policies in the Asia-Pacific written by Institute for Global Environmental Strategies and published by . This book was released on 2008 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second IGES White Paper is a summary of current climate change policies in the Asia-Pacific region and new recommendations, based on strategic research carried out at IGES so far. The Asia-Pacific is experiencing rapid economic development and, as well as being a major contributor to greenhouse gas emissions, it is feared that the region will suffer the worst impact. Climate change is the most urgent problem facing the international community and in pursuing a post-2012 framework, attention is focused on ways to deal with climate change in Asia Pacific countries. This White Paper proposes climate strategies that fully take into account the needs of developing countries in Asia and the Pacific. It looks at the impact of climate change in the Asia-Pacific region and current policies from various aspects such as international framework, market mechanisms, forestry, biofuels, waste, water and business, and sets out policy recommendations that integrate climate change policies and sustainable development and shows the way for new development towards the realisation of a low-carbon society.
Book Synopsis The Economics of Climate Change in Southeast Asia by : Asian Development Bank
Download or read book The Economics of Climate Change in Southeast Asia written by Asian Development Bank and published by . This book was released on 2009 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a review of the economics of climate change in the Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. It confirms that the region is highly vulnerable to climate change and demonstrates that a wide range of adaptation measures are already being applied. The report also shows that the region has a great potential to contribute to greenhouse gas emission reduction, and that the costs to the region and globally of taking no early action against climate change could be very high. The basic policy message is that efforts must be made to apply all feasible and economically viable adaptation and mitigation measures as key elements of a sustainable development strategy for Southeast Asia. It also argues that the current global economic crisis offers Southeast Asia an opportunity to start a transition towards a climate-resilient and low-carbon economy by introducing green stimulus programs that can simultaneously shore up economies, create jobs, reduce poverty, lower carbon emissions, and prepare for the worst effects of climate change.
Book Synopsis Climate Change Policy Options for Asian Economies by : Dominique Van der Mensbrugghe
Download or read book Climate Change Policy Options for Asian Economies written by Dominique Van der Mensbrugghe and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature by : Signe Krogstrup
Download or read book Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature written by Signe Krogstrup and published by International Monetary Fund. This book was released on 2019-09-04 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.
Book Synopsis Fiscal Monitor, October 2019 by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Fiscal Monitor, October 2019 written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-10-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. It provides a quantitative framework for understanding their effects and trade-offs with other instruments and applies it to the largest advanced and emerging economies. Alternative approaches, like “feebates” to impose fees on high polluters and give rebates to cleaner energy users, can play an important role when higher energy prices are difficult politically. At the international level, the report calls for a carbon price floor arrangement among large emitters, designed flexibly to accommodate equity considerations and constraints on national policies. The report estimates the consequences of carbon pricing and redistribution of its revenues for inequality across households. Strategies for enhancing the political acceptability of carbon pricing are discussed, along with supporting measures to promote clean technology investments.
Book Synopsis Global Carbon Pricing by : Peter Cramton
Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman
