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Environment, Finance, Industry and Trade

Green finance for sustainable investment

Green finance for sustainable investment
To place the Asian economies onto a sustainable development pathway requires an unprecedented shift in investment away from industries relying intensively on greenhouse gases, fossil fuels, and natural resources toward more resource-efficient technologies and business models. The finance sector will have to play a central role in this green transformation. Important aspects of green finance are sustainable investment and banking, where investment and lending decisions are taken based on environmental screening and risk assessment to meet sustainability standards, as well as insurance services that cover environmental and climate risk.

Environment, Finance, Industry and Trade

Sustainable funding schemes for the development of waste management projects in Asia

Sustainable funding schemes for the development of waste management projects in Asia
For many years, cities have been the engines of economic growth in Asia. However, this growth has brought the immense challenge of the daily generation of millions of tons of solid waste, especially in mega cities. The amount of solid waste being generated in Asia is drastically increasing as 44 million people are being added to city populations every year, and many cities are placing burdens on municipal as well as central governments. By 2050, 50% of the world’s population will live in the Asia and Pacific region (ADB, 2011).

Environment

Minimizing the Cost of Fecal Sludge Management through Co-Treatment

Minimizing the Cost of Fecal Sludge Management through Co-Treatment
The City Development Initiative for Asia, the Asian Development Bank, other multilateral agencies, and national governments are funding sewerage systems for medium and large cities throughout Asia. Even at “full” sewerage coverage, cities often find that some, if not many, buildings are still reliant on septic tanks, pits, or other onsite systems. For cities with or that are planning sewerage systems, co-treatment may enable citywide sanitation by minimizing the need for standalone fecal sludge treatment plants.

Environment, Finance

Green bonds experience in the Nordic countries

Green bonds experience in the Nordic countries
According to the Asian Development Bank, developing countries in Asia will need to invest an estimated $26 trillion through 2030, or $1.7 trillion per year, in infrastructure to maintain growth, eliminate poverty, and address climate change. Given their limited public resources, developing countries in Asia will need to find ways to mobilize and leverage significant amounts of private capital to meet the investment requirements for the Paris Agreement and the Sustainable Development Goals.

Environment, Trade

Globalization and the environment in India

Globalization and the environment in India
India embarked on a path of liberal economic reform in the 1990s after years of nurturing an intensively regulated and controlled economic environment that was loosened slightly in the mid-1980s. The most important and critical segments of this reform were trade and foreign investment. India has felt the impact of globalization through increased prosperity, partly triggered by increasing trade volumes, investment, and growth.

Economics, Environment, Trade

International outsourcing, environmental costs, and welfare

International outsourcing, environmental costs, and welfare
In recent decades, amid the increasing trend of globalization, it has become prevalent in world trade that firms in some countries outsource intermediate and/or finished goods or services from other firms in foreign countries for the purpose of lowering production costs and increasing production efficiency.

Economics, Environment, Infrastructure, Population, Poverty Reduction, Social Development and Poverty, Urban

Housing policy in the Republic of Korea

Housing policy in the Republic of Korea
This article evaluates housing policy in the Republic of Korea over the past 5 decades or so, and describes new challenges arising from the changing environment. The most pressing housing problem in the early phase of development of the Republic of Korea was an absolute shortage of housing. The country addressed this problem with the pragmatic approach of engaging the market using government intervention as leverage.

Economics, Environment, Finance, Governance, Infrastructure, Regional Cooperation, Trade, Urban

The PRC’s international capacity cooperation exports both industrial capacity and financial risk

The PRC’s international capacity cooperation exports both industrial capacity and financial risk
International capacity cooperation (国际产能合作guoji channeng hezuo) was a 2014 addition to the “Go Global” policy suite that the People’s Republic of China’s (PRC) central bureaucracy expanded throughout 2016. It is the result of seeking a way forward from “new normal” low industrial growth rates and is a novel solution to the industrial capacity utilization problems the PRC has suffered since the 2008–2009 spending stimulus flooded into traditional industries. Steel, cement, aluminum, paper, glass, and everything from pork production to robots are in 2017 mired in cyclical overcapacity.

Economics, Education, Environment, Health, Population, Social Development and Poverty, Urban

Pointers from Asia for urbanization in Africa

Pointers from Asia for urbanization in Africa
Africa and Asia are latecomers to urbanization. In these two continents, less than half live in urban centers, while elsewhere, more than 70% of people do. But Africa and Asia are now rapidly urbanizing, with Asian cities growing at an average of 1.5% per year and Africa’s at 1.1% per year.

Energy, Environment, Governance, Infrastructure

Propelling ASEAN towards clean coal technology

Propelling ASEAN towards clean coal technology
Coal, the most abundant and reliable energy resource, will continue to be the dominant energy source in power generation to meet the fast-growing electricity demand in the emerging economies of the Association of Southeast Asian Nations (ASEAN). The share of coal use in power generation was 32% in 2015, and this is projected to increase to 42% by 2040.