This book investigates how countries in ASEAN and East Asia are designing, implementing, and evolving their carbon markets to meet growing climate commitments, while also examining opportunities for regional market linkage and policy harmonization. The book is split into three sections: developments in ASEAN countries, comparative experiences, and regional integration. Contributors provide country analyses of carbon pricing policies, from carbon taxes to emerging emissions trading frameworks, and consider factors that impede policy outcomes. They also consider a range of international examples, including Australia’s safeguard mechanism, Japan’s carbon pricing initiative, and the 2030 NDC framework. Drawing upon lessons from other countries and regions, the book assesses ASEAN’s readiness for market interoperability and regional linkages. Of interest to scholars of climate finance, energy, and climate economics, this book will also be useful for policymakers and stakeholders aiming to strengthen climate governance and advance coordinated, effective carbon pricing strategies in Asia and the Pacific.
