The Impact of Nationally Determined Contributions on the Energy Sector: Implications for ADB and Its Developing Member Countries

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dc.contributor.authorADB; Zhai, Yongping; Mo, Lingshui; Rawlins, Madeleine
dc.date.accessioned2021-10-05T15:03:38Z
dc.date.available2021-10-05T15:03:38Z
dc.date.issued2018-07
dc.descriptionImplementation of the national determined contributions under the Paris Agreement will significantly reduce dependence on coal in the power mix by replacing it with renewables, nuclear, and gas. In Asia and the Pacific, 38 developing member countries (DMCs) of the Asian Development Bank (ADB) have committed to take mitigation actions through nationally determined contributions (NDCs) under the Paris Agreement. The Agreement aims to cap the increase in global average temperature to below 2°C. Country signatories have made NDCs to reduce greenhouse gas emissions under the Agreement. This paper analyzes implications of the Agreement for the energy sector; assesses the impact of NDCs on the energy sectors of DMCs; and explains the challenges and opportunities in implementing NDCs. The paper examines technology solutions, financing needs, and policy frameworks to accelerate energy transition and reach the NDC targets; and how ADB could support implementation of these NDCs.
dc.format.extent132
dc.identifier.isbnN/A
dc.identifier.isbnN/A
dc.identifier.issnN/A
dc.identifier.issnN/A
dc.identifier.urihttps://www.adb.org/publications/impact-nationally-determined-contributions-energy-sector
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5408
dc.subject.otherEnergy
dc.subject.otherEnergy sector governance and reformm Clean energy
dc.titleThe Impact of Nationally Determined Contributions on the Energy Sector: Implications for ADB and Its Developing Member Countries
local.publication.countryCook Islands
local.publication.countryFiji
local.publication.countryKiribati
local.publication.countryMarshall Islands
local.publication.countryMicronesia
local.publication.countryFederated States of
local.publication.countryNauru
local.publication.countryNiue
local.publication.countryPalau
local.publication.countryPapua New Guinea
local.publication.countrySamoa
local.publication.countrySolomon Islands
local.publication.countryTimor-Leste
local.publication.countryTonga
local.publication.countryTuvalu
local.publication.countryVanuatu

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