Science Based Targets initiative’s Post

Global warming is self-defined as a global matter, quite simple. And EU footprint i quite limited at global scale thus it is very important to see such significant movements in Asia!

⚡ What can emerging economies learn from China's success in the field of electric mobility? A new paper co-authored by UNU-MERIT's Rasmus Lema examines the case studies of Brazil, India and South Africa: three emerging economies with well-established yet structurally different automotive industries. The discussion explores the current opportunities and threats for each of these countries in the shift towards electric vehicles. 💡 Read the open access article here: https://lnkd.in/dBsV7xcK

Emerging Asia forecast to be a bright spot in 2024

The projection of real economic growth by World Economic Outlook in 2023 shows Bangladesh has the 2nd highest growth rate (6.0%) in Asia just after India. The stable political situation, strong local demand and huge advantage of demographic dividends have shaped this growth journey easier.

As Per World Statistics report, Top 10 most industrious countries in the world: China: 28.7% United States: 16.8% Japan: 7.5% Germany: 5.3% India: 3.1% South Korea: 3% Italy: 2.1% France: 1.9% United Kingdom: 1.8% Indonesia: 1.6%

Asia remains a relative bright spot, accounting for about 2/3rds of global growth in 2023, well above its weight in the world economy. The projection for growth in the region in 2023 is 4.6 percent. This is due to the stronger-than-expected performance of China, Japan, and India in the first half of the year. Australia 🇦🇺: 1.8% Japan 🇯🇵: 2.0% Korea 🇰🇷: 1.4% China 🇨🇳: 5.0% India 🇮🇳: 6.3% Read our new blog here: https://bit.ly/3ZSC7Oq

Amidst global challenges, China stands first in the latest Emerging Asia Manufacturing Index (#EAMI2024), leading in innovation and infrastructure. Despite drops in competitiveness within the Business Environment and Workforce tiers, this index, partially compiled by ZUFE alumnus at Dezan Shira & Associates, offers vital insights into Asia's manufacturing situation. Dive into China's ranking, highlighting both challenges and opportunities within Emerging Asia's industrial landscape.

Let me take everyone to see some achievements of China's nation-building in recent years The total economic volume has risen from 53.9 trillion yuan in 2012 to 114.4 trillion yuan in 2021, and its share in the world economy has risen from 11.3% to over 18%. my country's ranking in the global innovation index has risen from 34th ten years ago Up to the twelfth place now. "Great achievements have been made in four aspects in the field of innovation and high-tech development." Yang Yinkai said. The high-tech industry has a larger volume. In the past ten years, the operating income of my country's high-tech industry has increased from 9.95 trillion yuan in 2012 to 19.91 trillion yuan in 2021, doubling its scale. The proportion of high-tech manufacturing in the added value of industries above designated size will increase from 9.4% in 2012 to 15.1% in 2021, and the number of high-tech manufacturing industrial enterprises above designated size will increase from 24,600 in 2012 to 41,400 in 2021 A large number of innovative leading enterprises with international competitiveness are thriving. #develop #evolvement

Exciting insights from the Danish Business Outlook on China (DBOC) Index for December 2023! 📊   Despite an overall increase in short-term outlook, Danish companies remain cautious about their activities in China, marking the second consecutive quarter in negative territory. Noteworthy shifts include positive trends in R&D, manufacturing, and sales indices, with procurement emerging as the only sector in positive territory. 🌐   SMEs (small and medium sized enterprises) show a significant boost in optimism, entering positive territory, while larger companies maintain a steady outlook. Respondents based in Denmark also experience a positive turn, surpassing an index score of 50 after six consecutive quarters of growth. 📈   The survey delves into sector-specific perspectives, highlighting growth in health, logistics, and design, with energy leading despite a decline. 🏭   Additionally, the survey explores the framework conditions for a green transition in China, revealing a mixed response with 42% expressing confidence in existing conditions.   The DBOC Index, a collaboration of the Denmark in China, DCCC - Danish Chamber of Commerce in China, Danish-Chinese Business Forum, and SDC, offers valuable insights into the dynamic business landscape. For a detailed analysis, visit https://lnkd.in/dbTGuZ6m #DBOCIndex #ChinaBusinessOutlook #SMEs #GreenTransition 🌏

🪫♻️🔋Recycling Capacity in Emerging Asian Markets is Beginning to Increase 🔹 Asia (excl. China!!!), currently accounting for 8️⃣% of the global share, is expected to nearly triple its pre-treatment capacity by 2030 compared to the YTD 2024 level.😲 🔹 The growth will be mainly led by South Korea in both pre- and post-treatment capacity. 🔹 Emerging Asian markets such as Singapore, Indonesia, and Malaysia are expected to contribute to the growth. 🤓Key Highlights: South Korea shows significant leadership in both pre- and post-treatment recycling capacity. India is also making notable progress in recycling capacity. Countries like Singapore, Indonesia, Malaysia, and Japan are poised for considerable growth by 2030. Industry Insight: 🧐the Asian industry is already preparing for phase two, which is recycling ♻️, closing the loop of the electromobility value chain. 😴The EU industry should not neglect the strategic importance of phase two, to extract the intrinsic value from the technology that the Asian industry is introducing into the EU market. 📚Data Source: Information is derived from the Q2 2024 Battery Recycling Quarterly Outlook by Rho Motion.