Economics of Climate Change in East Asia

Economics of Climate Change in East Asia

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This regional study includes the Peoplea€™s Republic of China, Japan, the Republic of Korea, and Mongolia and examines how strategies for adapting to climate change up to 2050 can be combined with measures to reduce greenhouse gas emissions in East Asia. Besides discussing climate model results for costs of adaptation in infrastructure, coastal protection, and agriculture, the study estimates costs for sector-specific mitigation options and the total abatement potential for 2020 and 2030. Long-term strategies for addressing the impacts of climate change in East Asia are explored with a focus on the linkages between adaptation and mitigation taking account uncertainty about key climate variables. Finally, it discusses opportunities for enhancing the effectiveness of some critical climate change policies such as regional carbon markets.However, to date, no country in the region has a countrywide mandatory capandtrade scheme, and there would be many ... launched a voluntary emissions trading scheme in 2005a€”the Japan Voluntary Emissions Trading Scheme (JVETS).banbsp;...

Title:Economics of Climate Change in East Asia
Author:Asian Development Bank
Publisher:Asian Development Bank - 2013-10-01


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