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Sharing Knowledge and Experiences on Best Practices and Emerging Mechanisms Key to Net-Zero Transition

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ASEAN can strengthen collective action on net zero by sharing knowledge and experiences on best practices and emerging mechanisms such as carbon pricing and renewable energy trading, said United Nations Environment Programme Asia and the Pacific Office Regional Director and Representative Dechen Tsering in her address at the Asian Development Bank's (ADB) fourth Southeast Asia Development Symposium (SEADS).

Citing the latest Intergovernmental Panel on Climate Change synthesis report, which warned of the rise in global surface temperature to 1.1ºC above pre-industrial levels, Tsering also spoke of the need for deep, rapid, and sustained mitigation and adaptation actions to avert the worst impacts of climate change.  

With the theme, "Imagining a Net-Zero ASEAN," SEADS 2023 explored measures governments, communities, and the private sector could take to progress toward carbon neutrality.