Asia's carbon markets: strategic imperatives for corporations

Foreword 3
Executive summary 4
Introduction 6
1 The carbon market landscape in Asia 8
    1.1 Regional overview 9
    1.2 China – the world’s largest carbon market 10
    1.3 Developed Asian economies – pioneers in robust carbon pricing 16
    1.4 Emerging Asian economies – aiming for connected carbon markets 18
    1.5 Regional and international collaboration 20
2 Strategic imperatives for corporations 22
    Imperative #1 Overcome challenges on the net-zero journey – by engaging with carbon markets 24
    Imperative #2 Capture new business growth opportunities – empowered by carbon markets 36
    Imperative #3 Actively build ecosystems – to unlock the full potential of carbon markets 41
Conclusion 46
Appendix 47
Abbreviations 48
Contributors 49
Endnotes 51