Decreased tax revenues and increases in public spending due to COVID-19 make it imperative for developing Asian countries to mobilize private capital for the vast investments needed to achieve the SDGs.
There is evidence of a positive link between sustainable behavior and financial return which will likely drive the continued growth of green and social finance.
Evidence shows that green and social finance are associated with positive environmental and social outcomes and can contribute to a more sustainable world.
Singapore’s carbon tax is designed to maximize green investments while minimizing negative effects on the overall economy.
Major news events, as well as monetary policy uncertainties in the United States, have a significant impact on Asian currencies, but not in the way that some might expect.