Trade and investment policies to promote climate friendly technologies in APEC economies

The World Bank

Trade and investment policies to promote climate friendly technologies in APEC economies (English)

Abstract

Climate Friendly Technologies (CFT) reduces the emissions of greenhouse gases (GHG) by reducing the carbon content of economic activity. Climate change due to greenhouse gases is expected to affect many sectors, and present risks to many Asia-Pacific ... See More + Climate Friendly Technologies (CFT) reduces the emissions of greenhouse gases (GHG) by reducing the carbon content of economic activity. Climate change due to greenhouse gases is expected to affect many sectors, and present risks to many Asia-Pacific Economic Cooperation (APEC) economies in Asia. These risks include falling freshwater availability, rainfall volatility, frequent hurricanes and droughts, and a greater risk of coastal flooding. All these will cause significant negative impacts on APEC member economies. Given that APEC economies account for more than half of global GHG emissions, the adoption of emissions reducing CFTs in this region is critically important for the global emissions mitigation agenda. This report, first, describes the wide range of different CFTs already in use in middle-income APEC economies and their potential. As such, it is a comprehensive reference on CFTs that are used and produced in middle-income APEC economies, and on the factors that have contributed to their uptake, including domestic Foreign Direct Investment (FDI) legislation and energy security policies. This report combines regional reviews and analyses with country level analyses of China, Indonesia, Thailand, and Vietnam. Second, it discusses the potential of further use and production of CFTs in APEC economies and the challenges facing their adoption. Third, it attempts to identify CFTs that have the most potential for further use. For example, this report identifies wind power technologies in Thailand as one of two CFTs with the most potential for further expansion of installed capacity and that may benefit the most from targeted trade and investment policies. Finally, the report addresses issues concerning the design of effective technology-based policies that support economic development through the adoption of CFTs. First, this will require a substantial mobilization of international investments in CFTs. An additional US$ 200 billion annually by 2030 is the estimated level of investment required to return GHG emissions to current levels. See Less -

Document Date 2012/01/01
Document Type Other Environmental Study
Report Number 56564
Volume No 1
Total Volume(s) 1
Country World;
Region The World Region;
Disclosure Date 2012/06/06
Disclosure Status Disclosed
Doc Name Trade and investment policies to promote climate friendly technologies in APEC economies
Keywords
Increasing Resilience to Climate Change;trade and investment policy;Combined Heat and Power;carbon capture and storage;Energy Efficiency in Buildings;marginal abatement ... See More +
Language English
Rel. Proj ID 1W-Implications Of Climate Change For Economic Policies In Apec -- P115086;
TF No/Name TF093403-IMPLICATIONS OF CLIMATE CHANGE FOR ECONOMIC POLICIES IN APEC
Topics Energy and Extractives; Climate Change; Trade; Climate Change Mitigation; Power and Electricity Sector;
Historic Topics Environment; Macroeconomics and Economic Growth; Energy;
Historic SubTopics Climate Change Mitigation and Green House Gases; Science of Climate Change; Climate Change and Health; Climate Change and Environment; Energy Policies & Economics; International Trade and Trade Rules; Energy Demand; Energy and Environment; Energy and Mining;
Unit Owning EAP Chief Economist Unit (EAPCE)
Version Type White cover
Product Line Knowledge Management Product

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Trade and investment policies to promote climate friendly technologies in APEC economies (English)

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Complete Report in English

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Documents & Reports

Trade and investment policies to promote climate friendly technologies in APEC economies (English)

Details

Downloads

Complete Report in English

Citation

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