Islamic Finance Can Be a Powerful Tool to Boost Climate Action
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.
How Trade via Rail in Central Asia Can Mitigate the Energy and Climate Crises
Trade via rail in Central Asia has proven highly effective in recent years. It needs further support to take it to the next level.
Turbulent Remittance Flows During the Pandemic Highlight the Need for Reforms
Despite the global economic turmoil, remittances remained remarkable resilient during the pandemic. Reforms are needed to keep this financial lifeline strong in the years ahead.
When Global Tourism Returns, the Silk Road Awaits
Central Asia has the opportunity to create a sustainable, safe, easily accessible, and well-known tourism destination that provides a variety of year-round, quality experiences.
Five Keys to Expanding Central Asia’s Global Value Chains
Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities.
In Central Asia, COVID-19 Response Demands Improved Regional Cooperation
By working together with countries to make sound socioeconomic development strategies, multilateral financial institutions can contribute substantially to the fight against the pandemic.
In Central Asia, a Soviet-Era Electricity Network Could Power Future Energy Sharing
With expanding regional cooperation and a readily available platform, the building blocks are in place for Central Asia to achieve energy security, resilience and economic competitiveness.
Countries in Central and West Asia Must Avoid a COVID-19 Race to the Bottom
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
Five Ways to Stop Corruption in Its Tracks
During the pandemic, corruption in projects could mean the difference between life and death for the poor and vulnerable.
Tracking COVID-19’s Devastating Toll on Asia’s Remittances
Our research indicates that the global economy could lose more than $100 billion in remittances. Governments need to act fast to protect the most vulnerable in society from this loss of vital income.