Browsing by Subject "Northeast Asia"

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    Carbon Market Cooperation in Northeast Asia: Assessing Challenges and Overcoming Barriers
    (2018-07-09)
    China, Japan, and the Republic of Korea are emerging as major players in the global carbon trading landscape. As Northeast Asia’s biggest industrial economies, these three countries are connected through deep commercial and trade ties, and shared environmental challenges. There are thus growing calls for these markets to leverage complementarities and manage differences to build a foundation for more extensive carbon market cooperation. Against this backdrop, a new Asia Society Policy Institute (ASPI) report, Carbon Market Cooperation in Northeast Asia: Assessing Challenges and Overcoming Barriers— which is part of ASPI’s Toward a Northeast Asia Carbon Market initiative — draws on the expertise of a wide range of scholars and practitioners to help equip policymakers and other stakeholders with information and guidance on the potential of and pathway toward carbon market linkage in Northeast Asia. This volume, released in June 2018, includes 11 chapters that examine the challenges of and approaches to carbon market cooperation and linkage in Northeast Asia. The report begins with four chapters focused on the status of carbon markets in the region, with examinations of how legal and institutional frameworks can facilitate the varying national and local measures employed to strengthen links and yield dividends. Chapters five through seven describe the barriers to linkage, and the uneven impacts — whether positive or negative — of linkage across the region, and also identify opportunities to pursue other forms of non-traditional linkage pathways. The remainder of the volume is organized around the particularities of emissions trading system policies and goals in China and Japan, with the final chapter making the case for the importance of business sector involvement in linkage efforts.
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    The Status and Perspective of Energy Cooperation in Northeast Asia
    (2011) Kim, Kwonsung

    The principle purpose of this study is to explore the significance of the concept of multilateral energy cooperation in the Northeast Asia.Northeast Asia is a region with increasing importance in terms of the world energy balance.Nonetheless, various political conflicts and embedded historical distrusts among these nations hinder any form of institutional cooperation framework. This paper argues that the nations in Northeast Asia must establish a new form of institutional vehicle with supranational characteristics in order to achieve effective and practical energy cooperation in this region. This analysis will provide a better understanding of how the Northeast Asian countries can establish a new form of an energy cooperative organization in the region.