The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
This publication launches the Inclusive Green Growth Index, which captures the key dimensions of economic growth, social equity, and environmental sustainability. The index’s 28 performance indicators include data over time—and across countries—on various aspects of growth and policy outcomes in areas where higher investment will advance better quality of growth …
Alongside the global temperature goals of limiting global average warming to well below 2°C, and to make concerted efforts to limit warming to below 1.5°C, the Paris Agreement aims to collectively enhance adaptation, build resilience to climate change, promote low carbon development and ensure that finance flows are provided to …
Driven by strong domestic demand, Bangladesh's economy remains among the fastest growing economies in the developing world and it would grow at an even faster pace if it implemented economic reforms, according to a new World Bank report. The report titled "Bangladesh Development Update: Powering the Economy Efficiently," said that …
Policymakers in Asia and the Pacific have a wide range of options at their disposal to ensure that heightened global uncertainty due to monetary policy normalization in advanced economies and rising global trade tensions does not undermine decades of continuous growth, according to a new Asian Development Bank (ADB) report. …
The world economy remains on shaky ground a decade after the 2008 financial crisis, with trade wars a symptom of a deeper malaise, according to UNCTAD’s Trade and Development Report 2018: Power, Platforms and the Free Trade Delusion. While the economy has picked up since early 2017, growth remains spasmodic, …
The demand for sustainable products in developing countries like Brazil, China and India has grown even faster than in developed-country markets. Standards that uphold not just the quality but the sustainability of products from developing countries can be the key to unlocking new markets, according to a new United Nations …
Critical Connections examines how trade, investment, migration, and other linkages among countries drive economic growth in the Europe and Central Asia region. The study breaks new ground by using a multidimensional approach that recognizes how each connectivity channel for growth is likely to be affected by the strength of other …
The New Climate Economy launches its 2018 report, Unlocking the Inclusive Growth Story of the 21st Century: Accelerating Climate Action in Urgent Times. It demonstrates the benefits of a new low-carbon growth model and outlines how we can urgently accelerate efforts to achieve it. Bold action could yield a direct …
Lack of political will by government leaders more than farm inputs continue to stem Africa’s agricultural development and its contribution to spark widespread economic growth across the continent, a major new study released by the Alliance for Green Revolution in Africa (AGRA). The report, “Catalyzing State Capacity to Drive Agricultural …
Bangladesh has sustained robust economic growth, led by industrial development and urbanization, for the past three decades. In tandem with its economic development, country has been increasingly urbanizing led by the massive growth of Dhaka, the nation’s capital. Yet urbanization and industrial growth have come with high environmental costs that …
This report explores pathways, implications and policy options of for a full phase out of South Africa’s aging coal power infrastructure during the next decades. It also highlights issues of employment, economic development and social cohesion linked to the future of South Africa’s coal production and export industry.
Somalia’s economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For Somalia to enhance and sustain economic …
Poverty has been declining in Sub-Saharan Africa, but millions are still poor or vulnerable. To address this ongoing and complex problem, all countries in the region have now deployed social safety net programs as part of their core development plans. The number of programs has skyrocketed since the mid-2000s, although …
More than forty states worldwide currently pursue explicit political strategies to expand and promote their bioeconomies. This paper assesses these strategies in the context of the global Sustainable Development Goals (SDGs). Theoretical framework differentiates between four pathways of bioeconomic developments. The extent, to which bioeconomic developments along these pathways lead …
The World in 2050 (TWI2050) initiative has launched a new report, setting out six key transformations that will enable the world to meet the UN Sustainable Development Goals (SDGs). The transformations presented in the report, Transformations to Achieve the Sustainable Development Goals, launched at the UN High Level Political Forum …
Trade and participation in global value chains can play a key role in economic diversification and development. This paper deepens the discussion about productivity growth and upgrading in agriculture in Africa, and the role of national, regional, and international value chains in supporting such structural change. The analysis in this …
A unique strategic opportunity beckons Bangladesh. Dhaka, the economic powerhouse of the country, stands on the cusp of a dramatic transformation that could make it much more prosperous and livable. Today, Dhaka is prone to flooding, congestion, and messiness, to a point that is clogging its growth. But toward its …
‘Leave no one behind’ is a principle central to achieving the 2030 Agenda for Sustainable Development. This policy briefing, based on five years’ research by the PRISE project, puts forward the view that governments, development partners and investors must prioritise investments to tackle poverty and climate vulnerability in dryland areas …
This study offers empirical evidence on the rural-urban gap in the context of growing inequality in Asia. First, China and India explain the trends in regional inequality given their large populations, signifying their importance as major contributors. Overall, China’s income inequality is characterized by rural-urban disparity, but the inequality within …
Aluminum is the second most used metal in the world after steel with an annual consumption of 88 Million Tonnes (including scrap). Aluminum Consumption in India at 2.5 kg per capita is much below the global average of 11kg per capita. To reach the global average of 11 kg per …
