The environmental and social costs of using natural resources are often neglected within our economies, market price signals remain distorted and environmentally perverse subsidies are prevalent across sectors such as energy, agriculture and fisheries.
When compared to other regions, Asia has the highest rate of policy innovations that can help in the transition to a green economy.
Following the success of the agreement of UNFCCC talks in Paris it is clear that the urgent and early effort to reform government subsidies to fossil fuels can be considered alongside other energy carbon mitigation actions that countries have at their disposal through the use of economic instrume