Regional implications of the AGF recommendations: Asia PRÉCIS
Summary
The document outlines how the AGF's recommendations for climate finance apply to Asia, noting that while China and India have successfully used carbon markets to attract private finance, other Asian nations will rely more on public revenue. It highlights the potential for 'transformational investments' combining public and private flows, the need for grants and concessional loans for highly vulnerable countries like Bangladesh, and concerns regarding international transport revenue and trade costs. Finally, it suggests that the US$100 billion annual target may be insufficient to meet Asia's adaptation needs.
Key insights
- Asia faces significant climate threats and must reduce its own emissions; the AGF report suggests ways to fund mitigation and adaptation without hindering development.
- While China and India have effectively used carbon markets to attract private finance for emission reduction, other Asian countries will require more public revenue, potentially sourced from auctioning emission allowances or redirecting fossil fuel subsidies from developed nations.
- There is an opportunity for 'transformational investments' in Asia by combining public resources with private-sector flows, supported by high investment needs and existing multilateral agency engagement.
- Highly vulnerable and less developed Asian countries, such as Bangladesh, are expected to benefit from AGF recommendations for grants and highly concessional loans for adaptation.
- There are regional concerns that raising revenues from international transport could increase trade costs, though the AGF report suggests compensation is possible without depleting climate finance resources.
- The Copenhagen Accord's target of US$100 billion per year is considered likely insufficient, which puts Asia's adaptation needs at particular risk.
Cite the original document
- APA
- Fankhauser, S., & Ward, J. (2010). Regional implications of the AGF recommendations: Asia PRÉCIS. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-Asia-CDKN-Precis.pdf
- Chicago
- Fankhauser, Sam, and John Ward. Regional implications of the AGF recommendations: Asia PRÉCIS. Climate and Development Knowledge Network, 2010. http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-Asia-CDKN-Precis.pdf.
- Wikipedia
- {{cite report |last1=Fankhauser |first1=Sam |last2=Ward |first2=John |title=Regional implications of the AGF recommendations: Asia PRÉCIS |publisher=Climate and Development Knowledge Network |date=November 2010 |url=http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-Asia-CDKN-Precis.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{fankhauser2010regional, author = {Fankhauser, Sam and Ward, John}, title = {{Regional implications of the AGF recommendations: Asia PRÉCIS}}, institution = {Climate and Development Knowledge Network}, year = {2010}, month = nov, url = {http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-Asia-CDKN-Precis.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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