Asia's Slow Start To Pollution Pricing Instruments

It is accepted that pollution pricing instruments are key in achieving in reducing greenhouse emissions but Asia is struggling to adopt this against a backdrop of soaring inflation, rising energy prices and economic instability. So unsurprisingly, carbon markets and taxes in this region are mostly off to a slow and disappointing start. Arun Pai, Executive-In-Residence at Monk's Hill Ventures tells us where the gaps are.