A strong decarbonization target for the road sector would steer India closer to its climate commitments and decarbonization offers significant co-benefits like cleaner air and related health and well-being gains.

This paper provides an overview of progress on carbon taxes, emissions trading schemes (ETS) and voluntary carbon crediting mechanisms in Asia, identifying relevant policy gaps and giving suggestions based on the lessons and experiences with pertinent policy practices in this region.

The pace of emissions reductions of the People’s Republic of China (hereinafter, “China”) over the coming decades will be an important factor in global efforts to limit global warming to 1.5°C.

The Global Energy Outlook report examines a range of projections for the global energy system, summarizing key implications for global energy consumption, emissions, and geopolitics. The global energy system faces deep uncertainty in the near, medium, and long terms.

In 2019, the growth in global greenhouse gas (GHG) emissions (excluding those from land-use change) slowed down to 0.6%, reaching 51.7 gigatonnes of CO2 equivalent (GtCO2 eq. This revised growth rate is half of last year’s estimate of 1.1% and less than half of the average annual growth rate of 1.5% since 2005.

Climate change has far-reaching impacts that are not limited to a particular sector or geography; it impacts the entire financial system. If left unchecked, this impact will be severe.

Governments should take "radical and immediate" action to ensure the world remains on the pathway to keeping global warming below 2°C, the International Renewable Energy Agency (IRENA) said in the World Energy Transitions Outlook 2022 report.

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 billion tonnes, their highest ever level, as the world economy rebounded strongly from the Covid-19 crisis and relied heavily on coal to power that growth, according to this IEA analysis.

The ASEAN fuel economy roadmap, developed and adopted by ASEAN transport ministers in 2018, outlines a vision to transform the light-duty vehicle market in the ASEAN region into one of the world’s most fuel efficient.

Fragile states in sub-Saharan Africa (SSA) face challenges to respond to the effects of climate shocks and rising temperatures. Fragility is linked to structural weaknesses, government failure, and lack of institutional basic functions. Against this setup, climate change could add to risks.

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