Background

Asia and the Pacific are experiencing considerable environmental stress as a consequence of rapid economic growth. The Intergovernmental Panel on Climate Change (IPCC) estimated that developing Asia's share of energy-related carbon dioxide emissions increased from less than 9% in 1973 to 29% in 2005, and projected it will rise to 42% in 2030. ADB's Strategy 2020 addresses climate change as part of the broader strategic agenda of environmentally sustainable growth in developing member countries (DMCs). One of the envisaged interventions is assistance to reduce greenhouse gas (GHG) emissions through energy efficiency and renewable energy projects, while minimizing damage to the environment.

In this context, the Asian Development Bank (ADB) and the Government of the Republic of Korea (ROK) through Korea International Cooperation Agency (KOICA) cofinanced to implement this technical assistance (TA) on the Economics of Climate Change and Low Carbon Growth Strategies in Northeast Asia, covering the Japan, Mongolia, People's Republic of China (PRC) and ROK.

This meeting will serve as a venue for the discussion of the methodological and strategic directions of the TA.

Objectives

The meeting aims to come up with strategic directions of the TA.

Target participants

Participation is by invitation only.

• SC members from each of the participating countries
• Study team members
• ADB officials

Resource speakers

Mr. Tae Yong Jung, Senior Climate Change Specialist, East Asia Department of ADB will provide an overview of the objectives, activities and overall implementation plans of the project.