Green Economic Development and Transition to Low-Carbon Economy in the East and Southeast Asia

This edited volume consists of research in three closely related fields: (i) carbon emissions allowance and market, (ii) green economic development and sustainable finance, and (iii) environmental, social, and good governance. The applications are diverse and cover several countries including China, Indonesia, Vietnam, the region of East and Southeast Asia, and its comparison with those practiced in European Union. The green economic development and transition includes studies of the green-oriented economic development and transition from fossil fuel-based brown economy to low-carbon green economy. The volume provides a comprehensive overview of the application of green economic development and transition to low-carbon economy in different parts of the region. Its unique and empirical insights into the up-to-date approaches, laws, and policies enable countries to undertake the transformation to a low-carbon economy possible. The volume offers practitioners a deeper understanding of the green and carbon economy and challenges faced in their implementation. It presents different approaches and practical examples of how to shape environmental policy to successfully implement a green and low-carbon economy at different levels. It provides analysis of development of regulations and integrated environmental policies for a green economy supported by empirical evidence. The countries in the region have invested heavily in development infrastructure and cooperate to develop in an environmentally sustainable way. This edited volume is written by professionals with good insights into the features of the region's economy and its green development potential.

Covers diverse aspects of green economic development and low-carbon transition in South and Southeast Asia Addresses region-specific challenges and opportunities, with a spotlight on key economies like Vietnam Offers valuable insights for those interested in the region's green and low-carbon development potential

Autorentext

Pham Khanh Nam is a senior research fellow and director of the Environment for Development Center (EfD-Vietnam) at the University of Economics Ho Chi Minh city. He received his PhD in Economics from the University of Gothenburg, Sweden. His areas of research interest are environmental and natural resources economics, climate change, and experimental economics. Currently, his research focuses on forest devolution policy, marine plastic pollution, and renewable energy in Vietnam. He has published in a number of peer-reviewed journals, including Journal of Human Resources, Journal of Public Economics, Journal of Economic Behavior and Organization, Journal of Economic Psychology, Oxford Economic Paper, Land Use Policy, or Journal of Development Studies. Pham Khanh Nam has been actively involved in the revision of the Vietnamese Law of Environmental Protection as well as other policy dialogues on circular economy and green growth strategy. He is a member of several task forces under Vietnam's Central Economic Committee and the Ministry of Natural Resources and Environment. He has consulted the World Bank, Asian Development Bank, IUCN, and Vietnam Environment Administration.

Almas Heshmati is Professor of Economics at Jönköping University, Sweden. He held similar positions at the Sogang University, Korea University, Seoul National University, University of Kurdistan Hawler, and the MTT Agrifood Research (Finland). He was Research Fellow at the World Institute for Development Economics Research (WIDER), the United Nations University during 2001-2004. From 1998 until 2001, he was an associate professor of economics at the Stockholm School of Economics. He has a PhD degree from the University of Gothenburg (1994), where he held a senior researcher position until 1998. His research interests include applied microeconomics, globalization, development economics, efficiency, productivity, and growth with application to agriculture, manufacturing and services, environmental economics, energy economics and well-being. In addition to many scientific journal articles, he has published books on EU Lisbon process, global inequality, East Asian manufacturing, Chinese economy, technology transfer, information technology, water resources, landmines, power generation, renewable energy, development economics, world values, poverty, well-being, and economic growth.

Inhalt

1. Introduction, Summary and Policy Recommendations.- Part 1: Carbon emissions allowance and market.- 2. Legal policy for carbon emission allowances: Recommendations for Vietnam from the experiences of China and the EU.- 3. International linkage of China's carbon market under the concept of a "Community of shared future for mankind.- 4. Implementing carbon pricing instruments in Vietnam towards sustainable development.- 5. Leveraging remote work in transitioning to a low-carbon economy in Vietnam.- Part II: Green economic development and sustainable finance.- 6. Green credits and bank performance - The case of Vietnam.- 7. Sustainable finance: The environmental, social, and governance (ESG) contractual bargain: Case study of Vietnamese law.- 8. The inclusive green economy transition in Vietnam and its ethical aspects.- 9. Green economic development and environmental protection in Southeast Asian countries: Lessons learned for Vietnam.- Part III: The Role of governance, corporate value, and household's contributions.- 10. Moderating role of governance in the nexus of economic growth and renewable energy consumption: The case of Southeast Asian countries.- 11. The impact of tax planning, foreign board membership and ESG disclosure on corporate value: Empirical evidence in Vietnam.- 12. Urban flood control: Assessing household contributions in Ho Chi Minh city.