Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 147 pages
File Size : 54,6 Mb
Release : 2020-10-01
Category : Business & Economics
ISBN : 9789292623814
Green Finance Strategies for Post-COVID-19 Economic Recovery in Southeast Asia by Asian Development Bank Pdf
The coronavirus disease (COVID-19) pandemic has seen governments across developing Asia move significant amounts of capital into relief efforts that have saved countless lives and livelihoods. But emerging economic recovery packages must not upset the sensitive balance between economic growth and the region’s natural capital. Many global thinkers are advocating the critical role of green infrastructure in supporting economic growth and livelihoods, while safeguarding the Paris Agreement targets. This publication examines green and innovative finance mechanisms that can be incorporated into government recovery strategies to incentivize green infrastructure investment. These mechanisms can play a key role in catalyzing much-needed funds from private capital for a green and sustainable regional recovery.