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Speakers discussed how closer cross-border ties can help countries in Central Asia and the South Caucasus overcome existing challenges, and take advantage of new opportunities.

Cross-border cooperation in CAREC – the next steps

The countries of Central Asia and the South Caucasus have seen a surge in growth and investor interest in recent years, but the region also faces formidable obstacles. A seminar looked at how closer cross-border ties can help overcome existing challenges, and take advantage of new opportunities.

ADB Blog Team

ASEAN Economic Community 2015: What’s next?

Despite much progress so far, it seems likely that the December 2015 deadline for realizing all four pillars of the AEC will be missed. Rather than playing a blame game as to why the deadline will be missed, here's what should be done during Malaysia’s chairmanship of ASEAN in 2015.

Ganeshan Wignaraja

Will the Green Climate Fund pledges create a momentum for ongoing climate negotiations?

The recent formal pledging session for the Green Climate Fund (GCF)—more than $9 billion in just 5 months—is by far the most successful resource mobilization ever seen for a multilateral climate fund. The US has pledged $3 billion, followed by Japan ($1.5 billion), UK ($1.13 billion), and Germany and France (with $1 billion each). Four developing countries—Indonesia, Mexico, Mongolia, and Panama—have made pledges, breaking the traditional donor boundaries. 

Preety Bhandari

PRC's dim sum bonds need to develop a new flavor

The offshore renminbi bond market has boomed since the People’s Republic of China (PRC) authorities first allowed domestic banks to issue them in Hong Kong, China in June 2007. But appetite for the paper—popularly known as “dim sum bonds”—is starting to wane as access to onshore markets becomes easier. To stay relevant, the dim sum market must develop further.

Thiam Hee Ng

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