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.
Climate change is threatening coastal communities worldwide. Using local knowledge, as well as innovative practices such as parametric insurance, is needed to enhance coastal resilience and mitigate the impact of climate change.
Facing global supply chain challenges, the Indo-Pacific Economic Framework promotes economic cooperation among 14 economies, strengthening supply chain resilience, fostering innovation, and driving growth.
Boosting female participation in digital and financial technologies through science, technology, engineering, and math education will help overcome gender biases in the workforce and business environment of Asia and the Pacific.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
The right actions by microfinance institutions and governments can ensure a promising outlook for microfinance in Asia this year.
How to finance action against climate change was a key topic at the United Nations COP27 Climate Change Conference in Sharm El-Sheikh. For the Philippines, on the front lines of the global climate emergency, it is a make-or-break question.
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 pandemic erased millions of jobs in Southeast Asia. But the digital economy offers renewed hope particularly for young job-seekers—if they can learn the necessary skills.
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.