China and the next five largest energy-consuming countries in East Asia could stabilise their greenhouse gas emissions by 2025 without compromising growth, according to a major new World Bank report.
The report, Winds of Change: East Asia’s Sustainable Energy Future, says that an extra investment of $80bn per year – or an average of 0.8% of regional GDP – in energy efficiency and renewables capacity could result in greenhouse-gas emissions in China, Indonesia, Malaysia, the Philippines, Thailand and Vietnam peaking within 15 years.
Hat tip: BusinessGreen (via ViewsFlow)