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Economics, Environment, Finance sector development, Governance and public sector management
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Agriculture and natural resources, Climate change, Environment
Climate change, Economics, Environment, Governance and public sector management
Climate change, Environment, Water
Supporting blue skies through green development loans
Close collaboration, innovative project design, and technical and management capacity building have supported green development and air quality improvement by the People’s Republic of China (PRC) and the Asian Development Bank (ADB).
Central banks lead the way on green monetary policy
Central banks are becoming increasingly aware of the importance of considering climate change risks, such as physical and transition risks, and some have already launched monetary policy initiatives within the mandate of price stability.
Levelling up innovation in Asia
Innovation is playing a vital role in the economic, social, and environmental progress of Asia and the Pacific and has been an important factor in the region's rapid and successful transformation. However, many countries in the region lag behind, innovating at a fraction of the pace as countries in similar or even lower income groups.
Circularity of plastics: From managing waste to generating less waste
With urbanization and the growing global population, much focus has been placed on finding solutions for improving solid waste management as a way to curb the growing amounts of waste being generated. However, governments should instead look at the root cause of the issue and shift toward exploring ways to generate less waste.
The next steps for meeting nationally determined contributions after COP26
Reductions in emissions of carbon dioxide and other greenhouse gases (GHG) must be achieved in the coming decades to avoid catastrophic global temperature rises. Limiting global warming to within 1.5°C will require rapid, far-reaching, and unprecedented changes in all sectors. GHG emissions in Asia and the Pacific now account for over 50% of the world’s total.
After COP26, developing Asia’s challenge is meeting ambitious climate commitments
Developing Asian countries, such as Indonesia, Kazakhstan, Thailand, and Viet Nam, have announced their net-zero carbon emission targets by mid-century at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland, and financing climate change mitigation has been at the forefront of discussions for making ambitious climate action a reality.
COVID-19’s impact in Asia shapes blueprint for sustainable economic recovery
The economic impact of the coronavirus disease (COVID-19) pandemic in Asia highlights the importance of entrenching longer-term sustainability and economic resilience into the recovery process. The macroeconomic effects of the pandemic, as well as the impact on firms and households in Asia, are featured in a new ADBI edited book, COVID-19 Impacts and Policy Options: An Asian Perspective.
Unraveling the linkages between agriculture and climate change
The connection between climate change and agriculture (both crops and livestock) is complex. On the one hand, agriculture is adversely affected by climate change (Aryal et al. 2020a; Lobell et al. 2011), but on the other hand, it is also one of the major factors exacerbating climate change (Smith et al. 2008; Aryal et al. 2020b). Climate-smart agriculture (CSA) could play a crucial role in reducing GHG emissions and mitigating the adverse effects of climate change.
Unfolding a holistic approach to disaster risk reduction
This year marked the 10th anniversary of the Great East Japan Earthquake, of which economic losses are estimated at $221 billion (EM-DAT), making it the most costly natural disaster recorded since 1900. The earthquake itself did not cause significant damage or casualties, but the subsequent 5–20 meter tsunami hit northern coastal areas, washing away townships and destroying the cooling system at the Fukushima Daiichi Nuclear Power Plant. To date, the recovery process is still ongoing to restore industries and economic activities to their pre-disaster levels.
Climate change impacts in Asia are all essentially a water story
Global climate change caused by human activities will continue to be catastrophic for humanity. In particular, climate change is having serious impacts on the world’s water systems (United Nations 2020), and changes in these systems can have an enormous impact on people’s lives. This is because water plays a critical role in the very existence of all forms of life on earth as the foundation of human well-being and prosperity (Asian Development Bank 2020) and a source of life and livelihoods.
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