17 December 2010
The Economics of Climate Change in Southeast Asia (MacArthur ASI WP No. 9)
Abstract
Climate change mitigation is a global public good and requires a global solution that is built on a common but differentiated responsibility. As one of the regions highly vulnerable to climate change, Southeast Asia should play an important part in a global solution. While adaptation is the region’s priority, Southeast Asia should also make greater effort at mitigation. Adaptation and mitigation actions will create economic and business opportunities, and will provide new sources of growth. Southeast Asia should seize the opportunity now to start a transition towards a climate-resilient and low-carbon economy.
Abstract
Climate change mitigation is a global public good and requires a global solution that is built on a common but differentiated responsibility. As one of the regions highly vulnerable to climate change, Southeast Asia should play an important part in a global solution. While adaptation is the region’s priority, Southeast Asia should also make greater effort at mitigation. Adaptation and mitigation actions will create economic and business opportunities, and will provide new sources of growth. Southeast Asia should seize the opportunity now to start a transition towards a climate-resilient and low-carbon economy.
