Boao, March 25 -- Asia is rapidly advancing in emerging green technologies, positioning itself as a potential leader in advanced battery materials, biodegradable plastics, among others, boosted by strong industrial capabilities and policy support, according to a report by the Boao Forum for Asia released on Tuesday.

Titled "Sustainable Development: Asia and the World Annual Report 2025 -- Addressing Climate Change: Asia Going Green," the report highlights the region's progress in renewable energy.

The report notes that China now sources 85 percent of its new energy capacity from renewables, while Indonesia and Singapore are leading efforts in carbon capture and storage, per the report.

China, Japan and the Republic of Korea dominate the ...