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1. Indian Carbon Market Simulation Training Exercise Report

Author:
Josh Margolis
Publication Date:
06-2023
Content Type:
Special Report
Institution:
Asia Society
Abstract:
The Asia Society Policy Institute (ASPI) in partnership with Josh Margolis and the Council of Environment, Energy and Water (CEEW), conducted carbon market simulation training exercises in Delhi, Ahmedabad, and Mumbai, India. This training — conducted in February 2023 — was aimed at equipping stakeholders from enterprises, government, and civil society with core knowledge and skills relating to emissions trading systems (ETSs). The workshops significantly improved the ETS literacy of the participants, laid the foundation for future engagements, and increased the number of participants who believe that an ETS would be "very useful" or "indispensable" for India to achieve its Nationally Determined Contribution. This Indian Carbon Market Simulation Training Exercise Report summarizes the details and results of the workshops. The report includes participant demographics, how the training was conducted, ETS knowledge gained as a result of the exercise, as well as the outcomes of the training, lessons learned, and next steps for consideration.
Topic:
Markets, Carbon Emissions, and Simulation
Political Geography:
India and Asia

2. Getting India to Net Zero

Author:
Asia Sociey
Publication Date:
08-2022
Content Type:
Special Report
Institution:
Asia Society
Abstract:
At the World Leaders Summit at COP26 in Glasgow in November 2021, India’s Prime Minister Narendra Modi surprised the world by announcing that India will achieve net zero emissions by 2070. PM Modi also announced a series of updates to India’s 2030 targets in his five-part panchamrit on climate while offering a vision of sustainable lifestyles. Together, these updated pledges — which India has recently moved toward formalizing under the UN process — reflect India’s political will to seek a cleaner development pathway in the face of projected rapid economic growth. India’s decision to step up on climate comes ahead of a pivotal moment for Asian and Indian leadership, especially with India assuming the G20 presidency in 2023 and the Asia Pacific Group hosting COP28. The new Getting India to Net Zero report from the High-level Policy Commission on Getting Asia to Net Zero explores how India can achieve net zero emissions in a manner that is beneficial to its economy, society, and place in the world. The Commission was launched in May 2022 under Asia Society Policy Institute and Asia Society President Kevin Rudd’s leadership to advance a powerful, coherent, and Paris-aligned regional vision for net zero emissions in Asia. Through research, analysis, and engagement, the Commission’s diverse set of recognized Asian and global leaders aim to provide recommendations for how Asia and key countries can realize net zero emissions, including how climate action can boost the region’s economy, trade, interconnectedness, and livelihoods. The report’s insights are informed by new modeling commissioned by the High-level Policy Commission to show the opportunities and tradeoffs associated with India’s options to meet its existing emissions reduction targets and increase its medium- and long-term ambition. As the report’s modeling illustrates, India’s decision to step up on climate is consistent with its long-term economic ambitions and interests. Achieving net zero emissions by 2070 could boost India’s economy by as much as 4.7 percent above projected baseline growth in GDP terms by 2036 — worth a total of US$371 billion — with long-run effects still maintaining 3.5 percent growth above baseline by 2060. Further policies could make net zero possible by mid-century and lead to even greater benefits. The Commission’s foreword translates these insights into actionable advice for India’s climate policy stakeholders to capitalize on the opportunities of net zero action while constructively addressing related challenges.
Topic:
Climate Change, Economy, Carbon Emissions, and Net Zero
Political Geography:
South Asia and India

3. Catalyzing India’s Climate Ambition

Author:
Patrick Suckling
Publication Date:
06-2021
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
China’s recent commitment to reach carbon neutrality before 2060 means that for the first time ever, India is on track to become the world’s largest emitter. At a time that demands urgent action if we are to stay within the goals of the Paris Agreement, this brings into contrast India’s traditionally bifurcated approach that it has used to guard against taking greater action in light of the responsibility of the developed world to lead the way. Nevertheless, in recent decades, a political appetite for climate action has been growing in India, including reinforcing its global leadership credentials at the behest of Prime Minister Narendra Modi. Climate-related disasters have also driven public support for more constructive engagement by Delhi. However, this appetite does not yet match growing international expectations for Indian action, as momentum for global climate action and ambition accelerates rapidly around the world in the lead-up to the COP26 Climate Conference in Glasgow in November 2021. The election of U.S. President Joe Biden and recent commitments to net-zero by other Asian economies such as Japan and Korea underscore the weight of growing expectations on India. A sophisticated and holistic strategy to catalyze climate ambition from India is needed if the world is to succeed and help the country navigate a new low-carbon development model. India’s recent establishment of an Apex Committee on the Implementation of the Paris Agreement and its commitment to produce a long-term strategy to reduce emissions provide two particular openings for this even if signals elsewhere are mooted, including the impact of India’s economic response to COVID-19. And at a geopolitical level, India’s relations with China can help reinforce the need for action, and so too can India’s shifting relations with the G77 group of developing nations. This strategy must involve a mix of both greater political and policy engagement and deeper technical and financial support to help accelerate action — including through helping unlock greater private finance domestically. The recently announced U.S.-India Climate and Clean Energy Agenda 2030 Partnership is an excellent first step in this regard. This Asia Society Policy Institute issue paper, Catalyzing India's Climate Ambition, authored by Senior Fellow and former Australian High Commissioner to India and Ambassador for the Environment Patrick Suckling, sets out how the wider international community should sensitively, constructively, and intelligently now work with India to catalyze greater climate ambition in the lead-up to COP26 and beyond.
Topic:
International Relations, Climate Change, Carbon Emissions, and Decarbonization
Political Geography:
China, South Asia, and India

4. Nature and Nurture: How the Biden Administration Can Advance Ties With India

Author:
Anubhav Gupta
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
Asia Society
Abstract:
The state of the U.S.-India relationship is strong, but two critical developments in 2020 have created a new inflection point for the relationship. Growing apprehension in both New Delhi and Washington about Chinese aggression has created the strategic convergence long sought by a U.S. defense establishment eager to enlist India to balance China. On the other hand, devastated by the Covid-19 global pandemic, the United States and India face challenging economic recoveries amid growing protectionist sentiments at home that could diminish the relationship’s promise. Having won the U.S. presidential election, Joe Biden has an opportunity to consolidate and accelerate the relationship by creating a substantive and broad partnership with India, which can undergird U.S. policy in Asia and support U.S. global interests for decades to come. this paper provides a blueprint for how the Biden administration can actualize what previous presidents have deemed a “natural partnership.”
Topic:
Foreign Policy, Bilateral Relations, Partnerships, COVID-19, and Joe Biden
Political Geography:
China, India, and United States of America

5. India’s Future in Asia: The APEC Opportunity

Author:
Harsha Singh and Anuphav Gupta
Publication Date:
03-2016
Content Type:
Special Report
Institution:
Asia Society
Abstract:
At a time of slowing global economic growth, the international community needs to fully tap all the sources of new dynamism and demand available in the world today. India, the world’s fastest-expanding major economy, holds the potential to shore up growth in both the Asia- Pacific region and globally. For that potential to be realized, however, India’s domestic reforms and integration with the Asian and world economies need to progress more rapidly. The advent of the Trans-Pacific Partnership (TPP) agreement offers much hope of reinvigorating trade growth in the Asia-Pacific region once it comes into force, but the TPP does not include India. The first and necessary step toward greater Indian participation in Asian trade and investment flows is membership in the Asia Pacific Economic Cooperation (APEC) forum. It is a step whose time has come, for India, for APEC, and for the international economy.
Topic:
International Trade and Finance and Global Political Economy
Political Geography:
India

6. India and APEC: Charting a Path to Membership

Author:
Anubhav Gupta
Publication Date:
03-2016
Content Type:
Policy Brief
Institution:
Asia Society
Abstract:
India’s membership in APEC would mitigate two significant problems: 1) India’s relatively poor integration into the global economy; and 2) the emergence of a divisive trade agenda in the Asia-Pacific. This issue brief outlines these challenges and highlights the obstacles and opportunities related to India’s inclusion in APEC. It concludes that this is the right time to start considering India’s membership in the forum and that a strategy is needed to chart a pathway for the country’s eventual accession to APEC.
Topic:
International Trade and Finance and Global Political Economy
Political Geography:
India

7. The Williamsburg Conference

Publication Date:
04-2008
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
Coming in the midst of a very heated U.S. presidential election campaign, where the U.S. is faced with numerous foreign policy challenges in the Asia-Pacific region and at a critical juncture in Islam's relationship with the rest of the world, the Asia Society convened over 50 Asian and American leaders at a very opportune time in Bali, Indonesia from April 3-6, 2008. Delegates discussed the characteristics of Islam in Asian countries with multiethnic or multireligious populations like India, Indonesia, Malaysia, and the Philippines. They also suggested ways of tackling radicalism and extremism by alleviating poverty, improving education, and reforming prisons and rehabilitation Centres, to name a few. During the second half of the conference, delegates engaged in a conversation about the evolving U.S. role in Asia. Contemporary affairs like the protests in Myanmar and Tibet, engagement with North Korea, and the impact of the Iraq war on U.S. foreign policy towards Asia were analyzed in light of the coming presidential election. Asian leaders were invited to give advice to the new U.S. president. Finally, young leaders from the Asia Pacific region shared their thoughts on what kinds of leadership and values are needed in the future.
Topic:
Foreign Policy, International Trade and Finance, Islam, Post Colonialism, and Terrorism
Political Geography:
United States, South Asia, Indonesia, India, Israel, Asia, and Southeast Asia

8. The India-China Relationship: What the United States Needs to Know

Author:
Justin Sommers and Rapporteur
Publication Date:
11-2001
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
The Woodrow Wilson International Center for Scholars and the Asia Society are pleased to present the report of our conference entitled “The India-China Relationship: What the United States Needs to Know,” which took place in Washington, D.C., on November 30, 2001. The conference, engaging experts and policymakers both in and out of government, was one phase in a larger joint project of the two organizations that will result in a scholarly volume.
Topic:
Diplomacy and Political Economy
Political Geography:
United States, China, South Asia, Washington, India, and Asia