This report shows how efficient carbon pricing instruments can enable countries in Asia and the Pacific region to accelerate their transition to affordable, secure low-carbon energy systems and help reach their ambitious climate targets. It outlines how mechanisms such as carbon taxes, emissions trading, and carbon crediting can be woven into climate policies and encourage investment. It analyzes current trends and explains how carbon pricing revenues can drive climate initiatives. Targeted at policymakers, it aims to help countries develop instruments tailored to their priorities that create low-cost, sustainable energy systems capable of boosting resilience and driving long-term growth.