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Decarbonization Pathways in Developing Asia: Evidence from Modeling Scenarios

Author

Listed:
  • Pradhananga , Manisha

    (Asian Development Bank)

  • Raitzer , David

    (Asian Development Bank)

  • Sebastian-Samaniego, Iva

    (Asian Development Bank)

  • Naval, Daryll

    (Asian Development Bank)

Abstract

Unless developing Asia decarbonizes its development, global warming is unlikely to stay below the internationally agreed limit of 2°C above preindustrial levels. Integrated assessment modeling offers insights into how a low carbon transition can be achieved. The Sixth Assessment Report of the Intergovernmental Panel on Climate Change incorporated an ambitious model intercomparison effort that compiled thousands of model-scenario combinations to consider low carbon development pathways. This paper explores the evidence within that database to consider decarbonization pathways for developing Asia. Overall, a comparison of the major models finds strong consistency in the transformation of the energy sector required to achieve Paris Agreement goals. This includes a rapid decline in the share of coal—a mainstay of the power sector in developing Asia—and a substantial rise in renewable energy. The cost of the transition can be relatively low if mitigation efforts are efficient, as assumed in the models.

Suggested Citation

  • Pradhananga , Manisha & Raitzer , David & Sebastian-Samaniego, Iva & Naval, Daryll, 2023. "Decarbonization Pathways in Developing Asia: Evidence from Modeling Scenarios," ADB Economics Working Paper Series 711, Asian Development Bank.
  • Handle: RePEc:ris:adbewp:0711
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    More about this item

    Keywords

    climate change; integrated assessment model; mitigation; energy; Paris Agreement; NDCs;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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