This report provides a review of the economics of climate change in the Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. It confirms that the region is highly vulnerable to climate change and demonstrates that a wide range of adaptation measures are already being applied. The report also shows that the region has a great potential to contribute to greenhouse gas emission reduction, and that the costs to the region and globally of taking no early action against climate change could be very high. The basic policy message is that efforts must be made to apply all feasible and economically viable adaptation and mitigation measures as key elements of a sustainable development strategy for Southeast Asia. It also argues that the current global economic crisis offers Southeast Asia an opportunity to start a transition towards a climate-resilient and low-carbon economy by introducing green stimulus programs that can simultaneously shore up economies, create jobs, reduce poverty, lower carbon emissions, and prepare for the worst effects of climate change.

Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases (GHGs). This study focuses on five countries of Southeast Asia that collectively account for 90% of regional GHG emissions in recent years---Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamic economy–energy–environment models under an array of scenarios that reflect potential regimes for regulating global GHG emissions through 2050. The modeling identifies the potential economic costs of climate inaction for the region, how the countries can most efficiently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of benefits and costs. Drawing on the modeling results, the study analyzes climate-related policies and identifies how further action can be taken to ensure low-carbon growth.

This publication reviews the economics of climate change in Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. It confirms that the region is highly vulnerable to climate change, demonstrates that a wide range of adaptation measures are already being applied, and that it has great potential to contribute to the reduction of greenhouse gas emissions globally. It shows that the cost to the region and globally of taking no early action against climate change far outweighs the cost of action. The publication urges Southeast Asia to play an important part in working toward a global solution to climate change, and to apply all feasible and economically viable adaptation and mitigation measures as key elements of poverty reduction and sustainable development strategies. It also argues that the current global economic crisis offers Southeast Asia an opportunity to start a transition towards a climate-resilient and low-carbon economy by introducing green stimulus programs that can simultaneously shore up economies, create jobs, reduce poverty, lower carbon emissions, and prepare for the worst effects of climate change.

This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond.

This book provides a comprehensive and interdisciplinary examination of the diverse aspects of climate change in South Asia. The region, home to almost 4% of the world’s population, is under serious threat from climatic disasters. The volume underscores the urgency of addressing cataclysmic events related to climate change and their ramifications on the economy, agriculture and livelihoods of the region. The book discusses the reasons causing climate change as well as highlights normative and ethical considerations involved in the battle against climate change. With case studies from India, Sri Lanka and Bangladesh, it explores issues such as extreme climatic events; energy use, fossil fuels, non-renewable resources and carbon dioxide emission in South Asia; internal migration and climate refugees; the ethical dilemma of sustainable development; technological advancements for extreme weather forecast; and responses to climate change in South Asia. Highlighting the need for striking a balance between developmental imperatives and environmental sustainability, the chapters also show the North-South divide in the research agenda and policies on climate change and the global politics that underlie climate policies. The volume juxtaposes a scientific analysis of factors responsible for climate change with an analysis of the human cost of climate change from the perspective of social sciences. It discusses the challenges faced by developing countries while also offering recommendations and solutions. This book will be of interest to scholars and researchers of climate studies, geography, public policy and governance, sustainable development, development studies, environmental studies, political studies, international relations, political economy, economics and sociology. It will also be useful to practitioners, thinktanks, policymakers and civil society organisations working on environmental management.

Micro-, small- and medium-sized enterprises (SMEs) account for approximately 97 per cent of all active business entities within the ASEAN region. They are an important contributor to both emissions generation and future reduction. A recent large-scale, multi-country quantitative assessment was undertaken into how SMEs are dealing with climate change in Indonesia, Malaysia, the Philippines, Singapore and Vietnam. Most respondents reported a high level of concern about climate change. Over 90 per cent of firms are currently undertaking measures to reduce emissions, albeit that they are typically simple steps such as reducing air conditioning and electricity, recycling or installing low-energy lighting. Common intentions to deal with future extreme weather events include reducing emissions, developing a disaster plan, or reviewing business insurance policies. Major obstacles to dealing with climate issues are firstly, a lack of knowledge and secondly, insufficient funds. Governments are the preferred source of information, followed by business associations/chambers, friends and family. Social media, YouTube and websites are overwhelmingly the dissemination modes of choice. There were significant variations in these patterns from one reporting country to another. Policymakers can help SMEs adjust to climate change by: encouraging them to adopt simple emission reduction measures; providing training and financial support; ensuring appropriate online delivery of advisory and assistance measures; and localising responses to meet the needs of SMEs which are specific to different ASEAN member states.