This book explores empirical studies and policies related to green finance and low-carbon technology development through country-level case studies and regional analyses across East and Southeast Asia.
This book explores empirical studies and policies related to green finance and low-carbon technology development through country-level case studies and regional analyses across East and Southeast Asia.
Contributors explore how countries such as China, Indonesia, Japan, Lao PDR, Malaysia, the Philippines, the Republic of Korea, Singapore, Thailand, and Vietnam are leveraging green finance to advance their energy transitions and pursue carbon neutrality. The chapters examine regional efforts across East and Southeast Asia, with a focus on green technology innovation, green bond ecosystems, and renewable energy investments. By highlighting the role of green finance—including financial instruments, mechanisms and policy frameworks—the book emphasizes the importance of coordinated efforts in promoting sustainable energy solutions and reducing carbon emissions.
With valuable insights into effective practices for achieving global sustainability goals, this book will interest researchers of finance, energy economics, environmental economics and policy.
Introduction. Section 1: National Case Studies and Energy Policies 1
Financial Instruments, Government Support, and the Evolving Dynamics of
Japans Solar Energy Market 2 Impact of Green Finance on New Energy
Development: Empirical Evidence from China 3 Energy Transition and Financing
of Offshore Wind Lessons for the ASEAN 4 Towards a Greener Future: The
Journey of Vietnam Towards Carbon Neutrality 5 Green Horizons: Synthesizing
Insights for Effective Low-Carbon Technology Investment in Korea Section 2:
Regional and Cross-Country Studies 6 Energy Trilemma and Energy Resource
Utilization Efficiency: Role of Financial Integration and Green Technology
Innovation in ASEAN Economies 7 Green Bond Ecosystem and Clean Energy
Financing in ASEAN 8 Study on the Investment Opportunity to Low-Carbon,
Cutting-Edge Technology Deployment in Asia 9 Research on Climate Investment
and Financing Policies under the Background of Carbon Emission Reduction 10
Dynamic Investment and Financing for Renewable Energy Expansion and Achieving
Carbon Neutrality in Selected Asian Countries
Han Phoumin is a Senior Energy Economist at the Economic Research Institute for ASEAN and East Asia (ERIA) in Jakarta, Indonesia. He specializes in economic development, policy analysis, and applied econometrics. With over 20 years of experience, he has worked with various international and intergovernmental organizations and multidisciplinary research consortiums, focusing on energy markets and technologies, environmental issues, integrated water resource management, governance, and economic development in ASEAN and East Asia. Over the past decade, Dr. Han has been extensively involved in energy sector research, including sustainable hydropower development, renewable energy, energy efficiency, clean coal technology, energy security, and energy demand and supply forecasting. He holds a Ph.D. in Economic Development and Policy from Kobe University, Japan.
Farhad Taghizadeh-Hesary is an Associate Professor at Tokai University's Research Institute for Environment and Sustainability (TRIES) in Tokyo, Japan, Vice President of the International Society for Energy Transition Studies (ISETS), and Chief Economist at Climate Finance Asia in Tokyo. Before joining Tokai University, he served as Assistant Professor at Keio University (2015-2018) and Waseda University (2018-2020) in Tokyo. He also serves as an Editor-in-Chief of the Journal of Environmental Assessment Policy and Management and associate editor of several scholarly journals. In 2023, Japans Minister of Education awarded him the Medal and Commendation for Science and Technology for his contributions to renewable energy finance research. Recognized as a Highly Cited Researcher by Clarivate Analytics, he has authored over 400 academic journal papers and book chapters and over 30 books mainly on green finance, energy and environmental economics and policy. Dr. Taghizadeh-Hesary has led numerous international consulting and capacity-building projects. He holds a Ph.D. in Economics from Keio University (2015).
Fukunari Kimura is the president of the IDE-JETRO Institute of Developing Economies, Japan External Trade Organization (JETRO), and a professor emeritus and senior professor at Keio University in Tokyo, Japan. He is also a Senior Research Fellow at the Economic Research Institute for ASEAN and East Asia (ERIA). He served as ERIAs Chief Economist for 16 years while concurrently teaching and conducting research at Keio University. Born in Tokyo in 1958, he earned a Bachelor of Laws from the University of Tokyo in 1982, followed by an M.Sc. and Ph.D. in Economics from the University of Wisconsin-Madison in 1990 and 1991, respectively. He was an Assistant Professor at the State University of New York at Albany (19911994) before joining Keio University as an Associate Professor (19942000). Dr. Kimura has been actively publishing academic and semi-academic books and articles on international production networks and economic integration in East Asia. He is also an editor of Asian Economic Papers (MIT Press).
Rabindra Nepal is a professor of economics with internationally recognized expertise in economic and policy analysis related to energy, the environment, and natural resources. He has (co-)authored over 70 A*/A journal articles in top-tier publications, including Energy Economics, Environmental and Resource Economics, Ecological Economics, The Energy Journal, and The Australian Journal of Agricultural and Resource Economics. His collaborative environmental and climate finance research has been published in academic journals such as the International Review of Financial Analysis, International Review of Economics and Finance, Global Finance Journal, and Finance Research Letters. He is a co-editor of Economic Analysis and Policy and serves on the international advisory board of Energy Policy. To date, Professor Nepal has co-edited four energy, environmental, and resource economics books.
