Asia’s Perspectives on Climate Change: Policies, Perceptions, and Gaps
Departmental Papers, November 29, 2023
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Bibliographic details
- Authors: Era Dabla-Norris, Thomas Helbling, Kenichiro Kashiwase, Giacomo Magistretti, Mouhamadou Sy
- Published: November 29, 2023
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9798400254291.087
Regional context and strategic importance
- Asia and the Pacific has become the engine of global economic growth over the past decades.
- The region’s green transition will have far-reaching implications for the global economy.
- The global economy is still far from achieving net zero by 2050; the Asia and the Pacific region must play its part to deliver on mitigation and adaptation goals.
Emissions, energy intensity, and transition challenges
- The region has relatively heavy reliance on coal and high energy intensity.
- The region became the largest contributor to growth in global GHG emissions, accounting for nearly 40 percent of the total emissions in 2020.
- Achieving net zero by 2050 requires an energy transition at an unprecedented scale and speed, while ensuring energy security and affordability.
Vulnerability to climate change and adaptation needs
- The region comprises many countries highly exposed to climate hazards increasing in severity and frequency with global warming.
- Addressing vulnerability to climate change is critical alongside mitigation efforts to ensure inclusive and sustainable growth.
Evidence base: surveys and analysis
- The chapter draws on novel surveys of country authorities and public in the region to:
- Distill climate ambitions and challenges faced.
- Identify sources of major gaps in achieving mitigation and adaptation goals.
- Measures to help close the gaps are drawn from policy discussions with country authorities in bilateral surveillance and related studies.
Key findings and implications
- If managed well, the green transformation in Asia and the Pacific will create opportunities for economies in the region and around the world for inclusive and sustainable growth.
- Major gaps exist between current trajectories and the mitigation and adaptation goals necessary for net zero by 2050; understanding constraints and policy issues in Asia is central to devising effective climate strategies.
Publication and metadata
- Authors: Era Dabla-Norris, Thomas Helbling, Kenichiro Kashiwase, Giacomo Magistretti, Mouhamadou Sy
- Publication date: November 29, 2023
- Pages: 74
- Volume: 2023
- Issue: 008
- Series: Departmental Paper No 2023/008
- DOI: https://doi.org/10.5089/9798400254291.087
- ISBN: 9798400254291
- ISSN: 2616-5333
- Subject keywords: Climate change, Climate finance, Climate policy, Environment, Greenhouse gas emissions, International organization, Political economy
- Content keywords: Adaptation, Asia, Asia and Pacific, Climate Change, Climate Finance, Climate policy, Critical Minerals, Energy Transition, Global, Green Technology, Greenhouse gas emissions, IMF country authority climate survey, IMF country staff report, IMF Library, Industrial Policy, Middle East, Mitigation, mitigation policy, Nationally Determined Contributions (NDCs), Policy instrument, Renewables
Asia’s Perspectives on Climate Change: Policies, Perceptions, and Gaps — Departmental Papers 2023, 008; Era Dabla-Norris, Thomas Helbling, Kenichiro Kashiwase, Giacomo Magistretti, Mouhamadou Sy; November 29, 2023; DOI: https://doi.org/10.5089/9798400254291.087