Regional implications of the AGF recommendations: Asia PRÉCIS

This executive summary outlines the implications of the United Nations Secretary’s High-Level Advisory Group on Climate Finance (AGF) recommendations for Asia, focusing on the goal of raising US$100 billion annually by 2020 for climate change investment in developing countries.

• Asia faces significant threats from climate change and must reduce its own increasing emissions to mitigate the worst effects. The AGF report suggests methods to mobilize resources for mitigation and adaptation that do not hinder the region's development.
• China and India have effectively used carbon markets to attract private finance for emission reductions and are expected to support the AGF's goal of strengthening these markets. Other Asian nations may rely more on public revenue, such as the redirection of fossil fuel subsidies from developed nations or the auctioning of emission allowances.
• There is potential for 'transformational investments' by combining public resources with private-sector flows, given the high investment needs in Asia and the enthusiasm of the private sector for low-carbon investment.
• Vulnerable and less developed Asian countries, such as Bangladesh, are more exposed to climate impacts and would benefit from AGF recommendations for highly concessional loans and grants for adaptation.
• While there are regional concerns regarding AGF's focus on raising revenue from international transport due to potential increases in trade costs, the report suggests compensation is possible. Furthermore, the Copenhagen Accord target of US$100 billion per year may be insufficient, particularly for Asia's adaptation needs.

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} }