Asia needs to play bigger role in green transition: experts

Nikkei-FT webinar lays out region's strategy after controversial COP26 result

Industry experts speak at "Asia's Climate-Change Challenge," a webinar organized by Nikkei and the Financial Times, moderated by Stephanie Findlay.

WATARU SUZUKI, Nikkei staff writer

November 24, 2021 21:51 JST

TOKYO -- Asian policymakers and companies need to play a bigger role in tackling climate change, industry leaders said during an online seminar on Wednesday.

The 26th U.N. Climate Change Conference of the Parties, known as COP26, concluded earlier this month, with some disappointment that the commitment to cut down on coal usage was watered down at the behest of India and China. A move led by the two countries led to a change in the wording of the Glasgow Climate Pact to "phase down" rather than "phase out" coal usage.