The right actions by microfinance institutions and governments can ensure a promising outlook for microfinance in Asia this year.
Addressing the climate emergency will require all the funding possible from as many diverse sources as possible. Islamic climate finance instruments could help in Asia and in many other parts of the world.
As the region emerges from the pandemic, businesses should adopt more flexible approaches to developing talent for digital jobs, while workers must embrace lifelong learning of digital skills.
The devastating floods in the Hindu Kush Himalaya Region have shown the urgency of actions needed to protect vulnerable communities from the impact of climate change.
‘Parametric’ insurance could offer farmers quicker relief when they lose their crops to floods, storms and other climate-driven calamities.
Official labor statistics take significant time to produce. In contrast, online job portals are already providing a window into labor demand in the post-pandemic job market.
The pandemic has increased malnutrition rates in many parts of Asia and the Pacific. Direct food assistance to the poor and programs that benefit farmers are being used to address the problem.
Business-friendly policies, and the transition to greater use of e-commerce and on-demand production, are key to helping Asia’s small and medium-sized fashion companies bounce back from the pandemic.
Profound impacts are already being felt due to school closures in Asia. Urgent action is needed to limit further damage to students and the broader economy.
Fintech companies, with the support of governments, can lead the way in making technology a tool for people with disabilities to have greater access to financial services.