From smoggy skies to rancid rivers and staggering slums, environmental challenges loom large for Asia. While much has been said about the role of government and NGOs in achieving a sustainable future, Mark Clifford, executive director of the Asia Business Council, believes companies are an indispensable but often overlooked part of the solution.

Last month, the China Environment Forum released a new Global Choke Point report, China’s Water-Energy-Food Roadmap. To date, we believe this is the most comprehensive report on China’s interlinked natural resource insecurities – dwindling water resources in the face of growing energy use and increasing food demand.

I distinctly remember the night I saw An Inconvenient Truth in 2006. The film essentially did what no high school teacher could: gave me a purpose to structure my studies, setting me on course to earn a degree in environmental studies, an advanced degree in natural resource conservation, and eventually working here, at the Wilson Center.

While Chinese officials make full frontal regulatory attacks on smog, untreated sludge, an often toxic byproduct from sewage treatment, continues to quietly spread into groundwater and contaminate soil and food.

The past decade has brought ground-shaking changes to global energy markets. The unconventional fuel boom has unexpectedly reduced U.S. dependence on oil imports, while in the Asia-Pacific region, energy-constrained nations are increasingly reliant on foreign sources to meet their soaring demand. With the U.S. slated to export liquid natural gas (LNG) to Asia as early as 2017, a new energy era has come.

On the heels of a landmark U.S.-China climate agreement, 2015 will be a critical year for China’s environmental and energy policy. A revised and much stricter Environmental Protection Law went into force on January 1; new amendments to the Air Pollution Law are likely to be put in place; and the National Development and Reform Commission will draft a new five-year plan.

Despite some critics, the recent U.S.-China agreement over carbon emissions has sparked remarkable optimism in global climate negotiations. It’s also opened the door to new bilateral engagement between the U.S. and Chinese environmental communities on other issues, including China’s massive air pollution problems (16 of the world’s 20 most polluted cities are in China).