An easing of Covid-19-related restrictions and shifting supply chains have bolstered growth in Asia, even as inflation and climate change generate significant headwinds.
Environment
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Economic update | Asia: Year in Review 2022
5 Jan 2023
Economic update | Urban areas experiment with cooling technologies to combat climate change
1 Dec 2022
With temperatures in cities set to rise in the coming decades, many public and private players in emerging markets are looking to tackle the challenge of extreme heat through technology, sustainable building techniques and the expansion of urban green spaces.
In the fight against climate change, forests are vital carbon sinks, absorbing twice as much carbon as they produce each year globally.
As climate change causes sea levels to rise to unprecedented levels, governments and citizens in vulnerable countries are looking at innovative ways to forecast, prevent, adapt to and insure against flooding.
Vision 2030 includes social development initiatives to empower micro-, small and medium-sized enterprises (MSMEs) and citizens, promote entrepreneurship and widen access to financing.
Long seen as a high-cost, energy-intensive process, desalination mega-projects are seeking to tap renewable resources to limit the cost and environmental concerns of this crucial technology.