Globalization and technological advancements have created immense opportunities for wealth creation in all parts of the world. Billions in Asia are now able to contribute to the global economy; and with increased income levels and improved living conditions, millions have risen above poverty levels. Concurrently, production of new goods and services, as well as rising household incomes, have started pushing up energy demand growth rates in Asia, and the developing Asian countries are expected to contribute to more than 58% of incremental global primary energy consumption until 2030. Developing Asian countries rely largely on coal and other fossil fuels to support their economic growth, as did other countries that industrialized previously. Emissions of greenhouse gases (GHGs) from the use of such fuels contribute to climate change impacts.
Organizational sector evaluation