Cover of Publication CLIMATE CHANGE 16/2023 Carbon pricing potential in East and South Asia: Synthesis and case studies for Indonesia, Vietnam, and Pakistan
Climate | Energy

Carbon pricing potential in East and South Asia: Synthesis and case studies for Indonesia, Vietnam, and Pakistan


More and more countries are already implementing or considering the introduction of carbon pricing as a key instrument in order to reduce greenhouse gases. In recent years, market-based instruments in the form of emissions trading systems or CO2 taxes have been established or are currently in the process of implementation in various regions of the world. However, the application potentials for carbon pricing vary considerably due to different political, legal, economic, technical and multilateral circumstances. The studies developed in this research project analyse the framework conditions for the introduction of carbon pricing in selected jurisdictions in Asia. The findings of the research project highlight the importance of the framework conditions that need to be in place for carbon pricing to be feasible and effective in delivering emissions reductions. Based on the findings, three countries (Indonesia, Pakistan and Vietnam) were selected for in-depth analyses (case studies). In addition to the current status of preparations for the introduction of carbon pricing, the main challenges as well as concrete recommendations for a successful implementation were laid out. Special attention was paid to the interaction of the electricity/energy markets with a market-based instrument of CO2 pricing in the respective context of the country case studies.

Series
Climate Change | 16/2023
Number of pages
161
Year of publication
Author(s)
Baran Doda, Maia Hall, Constanze Haug, Ernst Kuneman, Trevor Laroche-Theune, Anatole Boute, Phung Vu Hiep
Language
English
Project No. (FKZ)
3719 42 501 0
Publisher
Umweltbundesamt
Additional information
PDF is accessible
File size
1811 KB
Price
0,00 €
Print version
not available
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