Asian development outlook 2013: Asia’s energy challenge
The Asian development outlook 2013 includes analysis of 45 economies in Asia and the Pacific including China and India. It features a special chapter on energy challenges which explores how the region can ensure adequate, accessible, clean energy to achieve its growth potential. The report estimates that regional economic growth in the region will reach 6.7 per cent in 2014. The region needs an ample supply of clean, affordable energy to continue its rapid growth in the coming decades. To achieve energy security, developing Asia must actively contain its rising demand, aggressively explore new supply sources and technology, as well as progressively integrate regional energy markets and infrastructure. The report finds that if developing Asia continues to rely on fossil fuels, its energy-related carbon emissions (ignoring other greenhouse gas emissions) will more than double over the forecast period. By 2035 Asia will contribute nearly half of global carbon dioxide (CO2) emissions.