Carbon Pricing in Southeast and East Asia and COVID-19 response

Carbon pricing policies form a crucial tool to deliver on the ambitious goals of the Paris Agreement and avoid the costs of carbon lock-ins. In the past years, numerous jurisdictions in Southeast and East Asia have either adopted or are in the process of establishing a carbon price to reduce GHG emissions and to decarbonize electricity and industry sectors.

The far-reaching impact of the COVID-19 crisis presents a new set of challenges and opportunities for decarbonizing economies as countries seek to balance key priorities of economic recovery, maintaining fiscal balance and the transition to low-carbon systems. This is occurring at time when the window for climate action is closing rapidly, and massive investments in low-carbon energy technologies and systems are urgently needed.

In this workshop, experts and policymakers will present the state of play of carbon pricing in the region, analyze interactions between the latest climate and energy policy signals against the background of new market dynamics and green recovery plans, and discuss the opportunities for cost-effective low-carbon transitions in the years ahead with a focus on the power sector.  

The event is a closed virtual workshop. Participation is only by personal invitation.