Asia Pacific > Carbon pricing a key policy tool for Asian economies to get on net zero pathway -report

Carbon pricing a key policy tool for Asian economies to get on net zero pathway -report

Published 07:01 on April 28, 2023  /  Last updated at 07:01 on April 28, 2023  / Peter Kiernan /  Asia Pacific, Carbon Taxes, Other APAC

Carbon pricing can be a key policy instrument to help Asian economies adopt a low-emissions pathway, with a price of at least $70 per tonne by 2030 and $153/t by 2050 considered to be high enough to trigger a transition towards low-carbon growth and for regional governments to realise net zero emissions goals, a report from the Asian Development Bank (ADB) has found.
Carbon pricing can be a key policy instrument to help Asian economies adopt a low-emissions pathway, with a price of at least $70 per tonne by 2030 and $153/t by 2050 considered to be high enough to trigger a transition towards low-carbon growth and for regional governments to realise net zero emissions goals, a report from the Asian Development Bank (ADB) has found.


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