eBook - ePub

Asian Economic Integration Report 2024

Name: Asian Economic Integration Report 2024
ISBN: 9789292706203

Decarbonizing Global Value Chains

244 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Asian Economic Integration Report 2024

Decarbonizing Global Value Chains

About this book

This report explores how economic forces are affecting cross-border flows of goods and services and the movement of people in Asia and the Pacific. It looks at the extent to which various challenges are prompting deeper economic links. This year's theme chapter focuses on decarbonizing global value chains, exploring how policymakers can minimize emissions while maximizing the economic advantages of global production networks. It evaluates the impact of initiatives like the European Union's Carbon Border Adjustment Mechanism for Asian subregions, suggesting the use of carbon pricing, accounting mechanisms for embedded emissions, increased trade cooperation, upgraded technology, and international cooperation for technology transfer to reduce CO2 emissions.

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