Note: This article was originally published in the Mekong Eye on 15 July 2017. ERIA's Energy Economist, Han Phoumin was featured.

In December 2015, world leaders reached a landmark climate change agreement during the COP 21 summit in Paris. Signatories committed to do their utmost to reduce carbon and greenhouse gas emissions in order to limit global temperature increases to within 2°C or, if possible, to 1.5°C of pre-industrial levels. (Read the full article by using the link above).