Tag Archives | Dil Rahut Governance and public sector management, Health, Poverty, Social development and protectionAgriculture and natural resources, Governance and public sector management, Health, Poverty, Social development and protectionClimate change, Environment, WaterAgriculture and natural resources, Economics
By Alessia Destefanis, Tetsushi Sonobe, Dil Rahut and Jeetendra Prakash Aryal. Posted August 13, 2021
The informal sector, which employs over 62% of the global population, is a fundamental source of livelihood for over 2 billion people (ILO 2020). Here, “employment” includes self-employment, and the informal sector refers to the part of the economy that is generally not monitored by a tax authority or other forms of government. Before the outbreak of the coronavirus disease (COVID-19), the informal sector accounted for 87.7%, 51.5%, and 55.7% of the population in low-, middle-, and high-income countries, respectively (ILO 2018a).
Food insecurity continues to be a pressing issue worldwide, despite scientific innovation and technological advancements in agriculture. Therefore, food security continues to be at the center of the global development agenda. The burgeoning demand for food due to exponential growth in the world’s population and the mismatch between demand and supply due to factors such as climate change, loss of soil fertility, land degradation, water scarcity, food loss and waste, and inefficient distribution systems, have exacerbated the problem of food insecurity.
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.
Income growth, urbanization, nutritional awareness, and supermarket revolutions in Asia are fueling demand for high-value agricultural products (HVPs), such as vegetables and fruits. This change in consumer demand can provide new agri-food market opportunities, which in turn can contribute to numerous Sustainable Development Goals through increased rural income, rural livelihood improvement, and rural poverty reduction.
Subscribe / Connect to Asia Pathways
- Agriculture and natural resources
- Capacity development
- Climate change
- Finance sector development
- Governance and public sector management
- Industry and trade
- Information and Communications Technology
- Private sector development
- Regional cooperation and integration
- Social development and protection
- Urban development
- Video Blog
- Supporting the creative economy for sustainable development in Southeast Asia
- Foreign holdings of local currency bonds: A double-edged sword for emerging Asia
- How can the private sector help solve the sanitation challenge?
- Lessons for the informal sector from COVID-19
- Green bonds show promise for financing energy-efficient buildings in Southeast Asia