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Bangkok Post
Bangkok Post
Business

DARK SECRETS: Region told to rev up decarbonisation | Vintage Vibes

ADB Asia the Asian Development Bank Climate Change Asean GDP SouthEast Asia
ADB's report finds that Asia, including Asean, emits more greenhouse gas during production than anywhere in the world, while acting as the world's factory.

Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

Speaking at a conference in Bali, ADB deputy director-general Winfried Wicklein said Asean is one of the most vulnerable regions in terms of the impact of climate change.

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