Governments in Asia and the Pacific are navigating fiscal reforms and enhancing governance to align finance with climate action. This includes using national adaptation plans, climate-inclusive fiscal frameworks, and green budget tagging initiatives.
Strong remittance inflows should be used as an opportunity to strengthen the systems that help overseas workers and their families back at home.
Crop insurance is a valuable climate adaptation tool for disaster-prone countries like Bangladesh.
The pandemic has underscored the importance of trade facilitation within South Asia and with the region’s neighbors.
The Internet of Things—a rapidly growing network of connected devices—can help bring financial services to those most in need.
To urgently close the adaptation gap, a new and innovative approach is needed in funding and financing climate change adaptation strategies.
Over 5 million poor residents now enjoy 24/7 water supply, a model for South Asia.
With the right policies and investments, Bangladesh can become a trade and transport hub in South Asia.
Well-designed and targeted social protection programs, and particularly safety nets for the disadvantaged, deliver high returns in terms of poverty reduction.
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.