ASEAN must not leave climate behind in digital economy agreement - The Jakarta Post - The Jakarta Post
ASEAN must not leave climate behind in digital economy agreement - Academia - The Jakarta Post
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ASEAN leaders agreed at their 43rd summit meeting in Jakarta earlier this month to start and accelerate negotiations on the ASEAN Digital Economy Framework Agreement (DEFA). DEFA is expected to provide a coherent, harmonized, and rules-based approach to ASEAN’s cooperation in the digital ecosystem to support digital transformation in the region. While DEFA’s focus is naturally on the enabling environments for digital economic integration, ASEAN leaders should not overlook the clear links between the digital transformation that they pursue and climate change. As strong climate action is urgently needed, it is important to build climate safeguards into the Agreement to ensure our collective digital future is sustainable and resilient. The impacts of digitalization on climate change are increasingly a topic of debate. Despite the hype of digitalization as a solution to cli...
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Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”