Green Technologies : Decarbonizing Development in East Asia and Pacific

Overview & Synopsis

East Asia is helping the rest of the world decarbonize and encouraging the domestic adoption of renewable energy. But there is an imbalance: Even as the region’s innovation and investment improve global access to green technologies, the region’s own emissions continue to grow, because of the reluctance to penalize carbon-intensive technologies. The disparity between domestic supply and demand also spills over into international trade and is provoking measures limiting access to markets and technologies. Deeper reform of the region’s own policies may foster greater international cooperation on climate as well as on innovation and trade in green goods.