This ADB study focuses on ?ve countries of Southeast Asia that collectively account for 90% of regional GHG emissions inrecent years—Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamiceconomy–energy–environment models under an array of scenarios that re?ect potential regimes forregulating global GHG emissions through 2050. The modeling identi?es the potential economic costs of climate inaction for the region, how the countries can most e'ciently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of bene?ts and costs. Drawing on the modeling results, the study analyzes climate-related policies and identi?es how further action can be taken to ensure low-carbon growth.
ADB-SEA Economics Global Climate Stabilization.pdf (7 MB)