Carbon Emissions and Other Environmental Issues in Asia-Pacific: Recent Developments in Environmental Taxes as an Economic Instrument

As a region with large greenhouse gas emissions and vulnerability to climate change, there is a significant potential for adopting environmental taxes and other economic instruments in Asia-Pacific to address environmental issues. This article provides an overview of recent trends on environmental taxes in selected Asia-Pacific countries. While a considerable number of Asia-Pacific countries have been addressing environmental issues through environmental taxes and other economic instruments, each country has a different emphasis on environmental and energy issues, which can consequently be reflected in the development of its environmental tax policies.