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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.
Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases (GHGs). This study focuses on five countries of Southeast Asia that collectively account for 90% of regional GHG emissions in recent years---Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamic economy–energy–environment models under an array of scenarios that reflect potential regimes for regulating global GHG emissions through 2050. The modeling identifies the potential economic costs of climate inaction for the region, how the countries can most efficiently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of benefits and costs. Drawing on the modeling results, the study analyzes climate-related policies and identifies how further action can be taken to ensure low-carbon growth.
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This book provides a comprehensive and interdisciplinary examination of the diverse aspects of climate change in South Asia. The region, home to almost 4% of the world’s population, is under serious threat from climatic disasters. The volume underscores the urgency of addressing cataclysmic events related to climate change and their ramifications on the economy, agriculture and livelihoods of the region. The book discusses the reasons causing climate change as well as highlights normative and ethical considerations involved in the battle against climate change. With case studies from India, Sri Lanka and Bangladesh, it explores issues such as extreme climatic events; energy use, fossil fuels, non-renewable resources and carbon dioxide emission in South Asia; internal migration and climate refugees; the ethical dilemma of sustainable development; technological advancements for extreme weather forecast; and responses to climate change in South Asia. Highlighting the need for striking a balance between developmental imperatives and environmental sustainability, the chapters also show the North-South divide in the research agenda and policies on climate change and the global politics that underlie climate policies. The volume juxtaposes a scientific analysis of factors responsible for climate change with an analysis of the human cost of climate change from the perspective of social sciences. It discusses the challenges faced by developing countries while also offering recommendations and solutions. This book will be of interest to scholars and researchers of climate studies, geography, public policy and governance, sustainable development, development studies, environmental studies, political studies, international relations, political economy, economics and sociology. It will also be useful to practitioners, thinktanks, policymakers and civil society organisations working on environmental management.
This book makes an important and timely contribution to debates about the relationship between climate change and security in Southeast Asia. It does so through a human security lens, drawing on local and regional expertise to discuss the threats that climate change poses to human security in Southeast Asia and to show how a human security approach draws attention to the importance of adaptation and strategies for social resilience. In doing so, it exposes the consequences of climate change, the impact on community rights and access, the special problem of border areas, before going on to investigate local and regional strategies for addressing the human security challenges of climate change.
This book addresses an important topic of food security in South Asia with specific reference to climate change. Of the 1 billion food insecure people in the world, more than 30% are in South Asia. The problem of food insecurity may be exacerbated by the projected climate change especially because of the water scarcity caused by rapid melting of the glaciers in the Himalayas and increase in variability in monsoonal rains and frequency of extreme events. Furthermore, large populations of Bangladesh and other coastal regions may be displaced by sea level rise. Thus, this volume addresses recommended land use and soil/water/crop/vegetation management practices which would enable land managers to adapt to climate disruption by enhancing soil/ecosystem/social resilience. In addition to biophysical factors, this book also addresses the issues related to human dimensions including social, ethnical and political considerations.
South Asia is particularly vulnerable to climate change. Most previous studies have focused on the projected impacts of sea-level rise or extreme weather - droughts, floods, heatwaves and storm surges. This study adds to that knowledge by identifying the impacts of long-term changes in the climate †“ rising temperatures and changes in precipitation patterns †“ on living standards. It does so by first building an understanding of the relationship between current climate conditions and living standards across South Asia. The study also identifies the set of climate models that are best suited for projecting long-term changes in climate across South Asia. This novel understanding of living standards and climate change is then combined to project impacts of long-term changes in climate on living standards in South Asia. The study finds that higher temperatures will reduce living standards for most of South Asia, with the severity impacts depending on future global greenhouse gas emissions. The study projects “hotspots†?, which are locations where long-term changes in climate will have negative impacts on living standards. Many hotspots are in locations that hitherto have not been identified as particularly vulnerable to climate change. Moreover, hotspots have distinguishing features that vary from country to country. This detailed assessment provides a mosaic of information that enriches our understanding of how climate change will impact people and which populations are most vulnerable. The report also provides guidance on the kinds of actions are most likely to reduce impacts of climate change in each country. The study is a major contribution to our understanding of how increasing temperatures and changing precipitation patterns interact with social and economic structures at a fine granular level across South Asia.
This book provides several up-to-date empirical policy-oriented studies on assessing the impacts of climate change on various economic sectors and the role of renewable energy resources in mitigating pollution and climate change. It suggests various policy recommendations on how to increase the share of renewable energy resources in the energy baskets of the members of the Association of Southeast Asian Nations (ASEAN) and the rest of the world to ensure energy sustainability. As of 2020, most of the world’s energy investment still went to carbon-emitting sources, namely, fossil fuels. On the other hand, the Covid-19 pandemic and the economic Project Overview 20 March 2021 08:39 Page 6 of 9 downturns shrank the global energy demand, including fossil fuels, resulting in a sharp drop in their prices. Low fossil fuel prices are harmful to developing renewable energy projects, making solar, wind, and other renewable energy resources less competitive as sources of electricity. This is endangering the Paris agreement and the “Climate Action” goal of the United Nations. Given the high share of fossil fuels in the energy mix of the members of ASEAN, tremendous challenges must be faced for their energy transition in the post-Covid-19 world. The authors call for sound policy and applicable technologies to ensure sustainable energy availability, accessibility, and affordability to reach emission reduction targets.
This Congressional Budget Office (CBO) study--prepared at the request of the Ranking Member of the House Committee on Science--presents an overview of issues related to climate change, focusing primarily on its economic aspects. The study draws from numerous published sources to summarize the current state of climate science and provide a conceptual framework for addressing climate change as an economic problem. It also examines public policy options and discusses the potential complications and benefits of international coordination. In keeping with CBO's mandate to provide impartial analysis, the study makes no recommendations.
Asia and the Pacific continues to be exposed to climate change impacts. Home to the majority of the world's poor, the population of the region is particularly vulnerable to those impacts. Unabated warming could largely diminish previous achievements of economic development and improvements, putting the future of the region at risk. Read the most recent projections pertaining to climate change and climate change impacts in Asia and the Pacific, and the consequences of these changes to human systems, particularly for developing countries. This report also highlights gaps in the existing knowledge and identifies avenues for continued research.