As more than half of the planet's CO2 is emitted in Asia-Pacific, there is no way around it: the region has to become a leader in the global fight against climate change, if we are to win it. This transition also presents one of the greatest investment opportunities of the coming decades. The region is the most vulnerable to desertification, flooding, and sea level rise, but also has most of the planet's people, megacities, and renewable energy capacity. The sky is the limit.This pivotal book explores the intersection of decarbonization, innovation, and Asia-Pacific. It provides a snapshot of initiatives by industry leaders and the public sector to reduce emissions. Through detailed technological analysis, case studies, and interviews of nine key industries, the authors highlight the emerging trends and commercial opportunities. The region must bring capital, technology, and policy together if we are to reach the most important milestone of this century: net zero by 2050.

The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. This must be done by 2100 if we are to keep climate change anywhere near the 2oC warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development: Three Steps to a Zero-Carbon Future looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries' broader development goals. Here is what needs to be done: -Act early with an eye on the end-goal. To best achieve a given reduction in emissions in 2030 depends on whether this is the final target or a step towards zero net emissions. -Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors. Carbon pricing is necessary for an efficient transition toward decarbonization. It is an efficient way to raise revenue, which can be used to support poverty reduction or reduce other taxes. Policymakers need to adopt measures that trigger the required changes in investment patterns, behaviors, and technologies - and if carbon pricing is temporarily impossible, use these measures as a substitute. -Mind the political economy and smooth the transition for those who stand to be most affected. Reforms live or die based on the political economy. A climate policy package must be attractive to a majority of voters and avoid impacts that appear unfair or are concentrated on a region, sector or community. Reforms have to smooth the transition for those who stand to be affected, by protecting vulnerable people but also sometimes compensating powerful lobbies.

As industrialized nations look into emerging new technologies focusing on renewable or efficient energy use — along with the move towards Sustainable Development Goals — challenges related to achieving low carbon economy projects have gained much attention. This book explores various initiatives and potential methods to achieve net-zero carbon targets and issues.Life Cycle Assessment (LCA) will play an important role as an effective and comprehensive method to analyze potential greenhouse gas emissions and other environmental impacts of a technology or system. LCA is a holistic and system-wide scientific method that can be used to quantify impact metrics chosen to evaluate any emerging Net-Zero Carbon technologies of interest, and reveal environmental trade-offs or further research opportunities that are required for balancing CO2 emissions. LCA perspectives of Net-Zero Carbon Technologies can also be used to outline decision-making strategies for a nation's shift towards low carbon economic development.

The future of China, India and Asia’s other emerging economies and their ability to take a ‘low-carbon’ and ‘climate-resilient’ development path determine the future of global carbon emissions and climate change. Indeed, the battle to confront global climate change will be won or lost in Asia. The transition to a low-carbon, climate-resilient economy (LCE), which involves many steps towards improved energy efficiency, alternative energy sources and transport systems, sustainable land use, eco-friendly consumption and proactive adaptation, may be regarded as the world's fourth revolution, after the industrial revolution, agricultural revolution, and the information revolution. Asia is highly vulnerable to impacts of climate change. Yet because of its dynamic economies and massive populations, Asia offers the greatest opportunity for overcoming the trade-offs and pursuing low-carbon development pathways. With a growing consensus that there is limited time to avoid the worst impacts of climate change, scientists, engineers, policymakers, and economists across Asia have recently begun discussions on how Asia can make a transition to LCE. Most discussions, however, focused on transfer of technologies from developed to developing countries and overlooked other equally important challenges such as financing, governance, and information dissemination. This book is the first to look at these neglected aspects of LCE and attempt to integrate both market-based and technology-based solutions into a comprehensive strategy to creating a roadmap for LCE in Asia. This book is an essential reading for economists, policy makers, practitioners, engineers and researchers concerned with climate change, energy production and development in Asia and the impacts and potential for the world.

This book provides best practices for decarbonizing cities in East Asia, in which buildings are the major contributor to carbon emissions. Beyond the global commitment through the Paris Agreement to make collective efforts on climate action and accelerated policies, investment and development at the country and city level to combat climate change are occurring at an unprecedented rate. Rapid urbanization and increasing energy demand for large and dense Asian cities require smart and sustainable strategies to balance development with decarbonization. A poly-centric approach is needed, where a combination of policy-, market- and technology-driven changes can aid the transition towards development of carbon neutral cities. With practical examples in the implementation of the United Nations Sustainable Development Goals, green financing, climate action roadmap and policy, deployment of renewable energy, and low- to zero-carbon buildings, readers can find the motivation, considerations and implementation pathways to facilitate the transition into the new normal. It is the hope of the authors to encourage readers to see successful pathways in transitioning into a carbon-free industry and overcoming the effects of climate extremes.

This book presents new vision of regional de-carbonization with concrete scheme design and substantial quantitative demonstration from original interdisciplinary studies. It provides new horizon for not only climate change, environmental conservation but also for international cooperation and peace in East Asia. The chapters introduce diverse low carbon society principles from local to global level with best practices integrating technology evolution and social innovation. While the book is designated for academics and the ultimate goal is to facilitate international climate regime making and environmental cooperation, local government and international organizations (United Nations, World Bank, and others) officers, researchers, international NGO/NPOs, consultants, students (particularly those studying environmental policy studies or international relationships), as well as reporters will find this book useful in broadening their understanding of low-carbon development in East Asia.

How did mankind change Earth from the beginning? How did changes in technologies change our society and the global climate? And how do we have to change to cope with climate change?Climate change is the ultimate threat in the world today, and it can only be addressed through comprehensive technological and societal transformation. This book examines the financial, technical, and social situation of the world today, and outlines some of the existing policies and technologies that will help us on our long and unpredictable journey through climate change. Three major factors that have led us to today's predicament — our economic system, our own inexcusable ignorance, and continued political inertia — must be addressed, discussed, and changed for the better.This book also deals with the concept of change. How is a successful change defined? What steps are necessary, and which steps come first? Fortunately, there is good news. Innovation and human ingenuity will produce the tools needed to deal with the climate catastrophe. The only question is whether people will themselves be able to change to a sufficient degree. The whole process of change will take generations, it will have to be a joint effort, and the stakes are incredibly high.

The concept of green growth, coupled with one of green economy and low carbon development, is a global concern especially in the face of the multiple crises that the world has faced in recent years - climate, oil, food, and financial crises. In East Asia, this concept is regarded as the key in transforming cheap-labour dependent, export-oriented industries towards a more sustainable development. Green Growth and Low Carbon Development in East Asia examines the beginnings of low carbon, green growth in practice in East Asia and how effectively it has directed East Asian nations, especially Korea, China and Japan, to put environment and climate challenges as the core target zone for investment and growth. Special focus is paid to energy and international trade - areas in which these nations compete with pioneered nations of Europe and the United States to develop renewable energy industries and enhance their international competitiveness. On the basis of the lessons learned in East Asia, together with a comparison of Russia, this book discusses the applicability and limitations of this developmental approach taken by the developing nations and resource-rich emerging economies, including the conditions and contexts in which nations are able to transition into sustainable development through the use of low carbon, green growth strategies.

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.