Carbon Market Cooperation in Northeast Asia: Assessing Challenges and Overcoming Barriers

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2018-07-09

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Abstract

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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Scholars@Duke

Ewing

John Jackson Ewing

Adjunct Associate Professor in the Division of Environmental Sciences and Policy

Jackson Ewing is director of energy and climate policy at the Nicholas Institute of Energy, Environment & Sustainability at Duke University. He is also an adjunct associate professor at the Nicholas School of the Environment and a faculty affiliate with the Duke Center for International Development at the Sanford School of Public Policy. He works closely with the Duke Kunshan University Environmental Research Center and International Masters of Environmental Policy programs to build policy research collaboration across Duke platforms in the United States and China.

Prior to joining Duke, Ewing was director of Asian Sustainability at the Asia Society Policy Institute in New York, where he led projects on Asian carbon market cooperation and sustainable resource development in the ASEAN Economic Community. He previously served as a MacArthur Fellow and head of the Environment, Climate Change and Food Security Program at Singapore’s S. Rajaratnam School of International Studies, and has worked throughout Asia with actors in government, the private sector, civil society, and international organizations.

Ewing publishes widely through a range of mediums and is a regular contributor to radio, television and print media. He holds a doctorate in environmental security and master's degree in international relations from Australia’s Bond University, and a bachelor’s degree in political science from the College of Charleston.

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