Asia & the Pacific

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

In the past, strategic surprise has often stemmed from a failure of imagination. Most intelligence failures are rooted in a lack of foresight or early warning of impending events. Blue sky thinking seeks to prevent these surprises by devoting more attention not just to known risks and likely scenarios, but also to low probability, high impact events. In an unprecedented step in forging ongoing global collaboration, 129 global experts gathered in Amman, Jordan, in December 2021. The conference was held under the auspices of Jordan’s Aqaba Process and facilitated by representatives from the Harvard Kennedy School Belfer Center’s Intelligence Project. Attendees included intelligence officers, diplomats, military officers, private sector practitioners, and academics representing 29 countries, 5 continents, and 68 government and private sector organizations. Through presentations and discussion under Chatham House Rules, the conference facilitated an open exchange of ideas on the possible next big threats from terrorism and on strategies for moving forward.

On April 6, 2022,  the Belfer Center's Future of Diplomacy Project and Indo-Pacific Security Project as well as the Center for Public Leadership hosted a hybrid seminar with Ambassador Shivshankar Menon, former National Security Advisor of India and former Foreign Secretary in India’s Ministry of External Affairs, and Ambassador Richard Verma, former U.S. Ambassador to India and Belfer Center Senior Fellow, on India’s foreign policy and U.S.-India relations in a changing world order. The discussion explored why India abstained from recent U.N. votes deploring Russia’s aggression against Ukraine, what that means for U.S.-India relations, both bilateral and through the Quad, and how the war in Ukraine will affect geopolitics in Eurasia and the Indo-Pacific. Gopal Nadadur, MPA/ID candidate at the Harvard Kennedy School moderated this conversation.

In The Devil Never Sleeps,  Juliette Kayyem lays the groundwork for a new “fail safely” approach to dealing with disasters. The book shares lessons on how to better prepare for that moment. Kayyem examines notable crises, like the Challenger explosion, California wildfires, and the power outage at Super Bowl XLVII, detailing the choices people made along the way and how they impacted outcomes.

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

In recent years, the relationship between China and the United States has been characterized by rising geopolitical tensions, and cooperation and coordination between the two countries has become something of a pipe dream. Yet there is one issue where the interests of both clearly overlap: climate change. A global temperature increase of 3°C will damage the economies and social fabric of both the United States and China—an outcome that both countries want to avoid. 

How can China make good on its pledge to reach carbon neutrality by 2060? In Foundations for a Low-Carbon Energy System in China, a team of experts from China and the United States explains how China's near-term climate and energy policies can affect long-term decarbonization pathways beyond 2030, building the foundations for a smoother and less costly national energy transformation.

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

This article examines both the premise and prescription of the argument to integrate renewable electricity in developing countries through elements of the standard model (such as a wholesale spot market, or an independent system operator for dispatch). This is done by highlighting the differences between power sector reform experiences in the developing and developed worlds, and the causal mechanisms underlying these differences.