The Boao Forum for Asia released a report highlighting the growing dependence of Asian economies on each other for foreign investments. China and ASEAN are leading in this aspect, with China at the center of global manufacturing value chains. Asia is making significant progress in green technologies, particularly in renewable energy, advanced battery materials, and biodegradable plastics. China leads in the green hydrogen industry and accounts for a large share of the world's hydrogen electrolyzer capacity. The region, including countries like Indonesia and Singapore, is also advancing in carbon capture and storage. Additionally, China, Japan, and Korea are dominant in the lithium battery supply chain, essential for transport electrification. While Asia's large emitters have set ambitious climate targets, some countries still have work to do in terms of sustainability. The region's role in mitigating climate change is crucial due to its population, GDP contribution, and CO2 emissions.