By Lau Xin Yi & Chen Qi Hang

Myanmar Times-Aug 3, 2018

Singapore played host to the Special ASEAN Ministerial Meeting on Climate Action (SAMCA) on July 10 this year, where ministers and representatives from ASEAN Plus Three (ASEAN, China, Japan and South Korea) gathered to reaffirm the Paris Agreement and address regional efforts in mitigating climate change.  Collective regional action on climate change has never been more important, in light of ASEAN’s massive growth spurt, which is likely to continue in the near future. The region’s economy is expected to grow at 5.1 percent annually from 2018 to 2021. To power its rapidly emerging economy, energy demand will increase by two-thirds by 2040.

Read more at: https://www.mmtimes.com/news/tax-flexible-green-policy-tool-asean.html

First published in: The Myanmar Times