2021 was a year of important progress on climate, even as the world continued to grapple with many challenges from the COVID-19 pandemic. The COP26 climate summit in Glasgow moved worldwide focus firmly to limiting warming to 1.5 degrees, and to ratcheting up 2030 ambition to align with this long term target.
Member states of the Association of Southeast Asian Nations (ASEAN) are already raising their climate commitments to meet the Paris Agreement aspiration of limiting global warming to 1.5°C.
What does it take to develop the ASEAN green economy? Southeast Asia plays an increasingly important role globally, with the combined GDPs of the ASEAN trading group making it the fifth largest economy in the world.
In 2020, Climateworks was proud to adapt and ‘hold focus’ despite the extraordinary circumstance of operating amid a global pandemic. We entered 2020 with a newly developed strategy for the transformative decade ahead.
The briefing room: Growth through transformation – how governments can unlock investments that achieve climate and development goals
Achieving the Paris Agreement along with the 2030 Agenda for Sustainable Development requires an estimated investment of US$2.6 trillion each year over the next decade for developing countries alone.
To achieve outcomes in line with both the 2030 Agenda for Sustainable Development and the Paris Agreement, developing countries will require an estimated investment of US$2.6 trillion each year over the next decade.
The global economy is transitioning towards cleaner and less carbon-intensive forms of growth. Southeast Asia could be at the forefront of this emerging ‘green race.’ How can Indonesia, the Philippines and Vietnam take advantage of growing low-carbon markets?
Growing prosperity does not require growing emissions. Southeast Asia and the Pacific have the chance to leapfrog redundant technologies and thrive in a decarbonised world.
Strong economic growth can be achieved without increasing emissions. A long term approach to avoiding emissions growth is essential to achieving the UN Sustainable Development Goals.