These charts illustrate how countries in Asia and around the world are doing in developing an environment that produces dynamic entrepreneurs who innovate and create jobs.
Tax revenue can be raised in a fair and reasonable way to provide much-needed public services and support the poor and disadvantaged still reeling from the pandemic.
With the right policies in the sustainable finance market, Southeast Asian governments can add momentum to the region’s post-pandemic recovery and improve lives through the achievement of the Sustainable Development Goals.
Countries with better information and communication technology, particularly internet access, were able to do more activities online during the pandemic, which cushioned the adverse effect of COVID-19 on economic activity.
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.