Hindu Kush Himalaya: Climate Change is a Crisis at the Top of the World
The time to act against the changing climate is now, as the investments made today will determine the resilience of the Hindu Kush Himalaya region for generations to come.
The time to act against the changing climate is now, as the investments made today will determine the resilience of the Hindu Kush Himalaya region for generations to come.
These charts illustrate how local currency bond markets can be a powerful tool to stabilize currencies and economies during crises such as the pandemic and global shocks.
Kazakhstan's banking sector has seen extensive state support, leading to increased fiscal costs and a growing dependency on public funds, with key performance metrics showing a decline. To address these challenges, rules governing state support to commercial banks need to be clarified and banking regulations tightened.
With the right policies, and financial support, developing countries in Asia and the Pacific can leverage carbon capture and storage technology to address carbon emissions from heavy industries.
Charting a path to economic prosperity that also addresses climate change relies on increasing investment in developing countries. So why are development finance institutions not doing more, and how can they manage the trade-offs they face?
The insurance sector can be a game-changer by managing risks from climate change in Asia and the Pacific, protecting ecosystems, and supporting the shift towards a sustainable future.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
The recent bank turmoil in the US has awakened ghosts of past financial crises. While the likelihood of a fully-fledged crisis seems limited, it cannot be ruled out. Policymakers in the region must act now to shield their economies from possible negative spillovers.
Asia’s vast global diaspora – which includes many skilled, highly educated and prosperous people – is a strong potential source of financing for the region’s infrastructure and other development needs.