SDCD’s Virender Duggal shares his insights about the role of carbon pricing in the overall climate policy architecture. Carbon pricing can be a lever that can help alter behavior by serving as incentive for a more efficient and sustainable practices.

Here is IEA’s ED Fatih Birol’s take on the outcomes of the negotiations based on the commitments announced by the parties at COP26. Pledges apparently still fall short of the 1.5 °C, but what is critical is putting these pledges into action.

In one of the special events during this year’s Annual Meeting on 4 May, President Masa announced that ADB will build up its response to the adverse impacts of climate change through increased focus on adaptation and resilience.Through a holistic approach and on top of making physical infrastructure climate-proof, ADB will invest in more projects with climate adaptation as their primary purpose, while promoting strong integration of the ecological, social, institutional, and financial aspects of resilience across its operations.ADB’s move to increase adaptation and resilience investments wi

On 8 July, President Masa has announced ADB’s alignment with the Paris Agreement. ADB aims to align 100% of its sovereign operations and 85% of its nonsovereign operations by 1 July 2023. ADB’s nonsovereign operations will also have achieved 100% alignment two years later by 1 July 2025.President Masa also announced plans to increase investments in adaptation and resilience in its projects that will bring cumulative financing to $9 billion in 2019 to 2024.

A large portion of the $16 trillion fiscal spendings by governments all over the world to get their economies on track from the COVID-19 pandemic has been concentrated on providing emergency financial relief for households and firms.

Energy SG’s own Kee-Yung Nam shares his insights on harnessing the potential of carbon capture and storage in creating major dents in carbon emissions, particularly in hard-to-decarbonize sectors.

IntroductionEnhanced oil recovery through the injection of carbon dioxide (CO2) can be a win–win solution for Indonesia. This technology can help slow or halt the decline in oil production while addressing the urgent need to curb rapidly rising greenhouse gas (GHG) emissions.Indonesia is one of the world’s oldest producers of crude oil. However, its production has fallen steadily for more than 20 years. There may be extensive opportunities for enhanced oil recovery in the country, given the maturity of many of its oil fields.

This ADBI Working Paper developed a model to assess the implications of different electricity pricing structures in Indonesia for different aspects of the Energy Trilemma (affordability and access, energy security, and environmental sustainability); and, finds that each pricing system foster specific aspect of the Energy Trilemma. Based on this model, the authors were able to draw a transformation pathway for a more sustainable and just transition to a low-carbon economy in Indonesia.

This ADBI Working Paper tests reverse Ramsey pricing to check if cross subsidies across different consumers in the PRC electricity sector is equitable and efficient. The paper finds that the pricing mechanism can be equitable as long as social welfare are accounted for, reverse Ramsey pricing can serve the avowed objectives. There are, however, the paper further posits, other subsidy schemes such as targeted subsidies based on level of consumption that can also be efficient and equitable.

The working paper for the proposed new Energy Policy is scheduled on the Board agenda for 6 September.