Asian Development Bank
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For ADB members in Asia and the Pacific, stronger tax systems are now more important than ever-to boost revenues enabling recovery from the economic shocks of COVID-19, and to reinforce implementation of Sustainable Development Goals. Using comparative data up to the fiscal year 2020 and drawing from the International Survey on Revenue Administration (ISORA 2021), this sixth edition in our series analyzes the administrative setups and performance...
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Article 6 of the Paris Agreement enables countries to utilize market and nonmarket approaches to achieve their nationally determined contributions. Yet, international negotiations on Article 6 are complex and ongoing. The Parties of the Paris Agreement have made progress on many issues, but contentious matters on political and technical aspects remain unresolved. This publication presents the latest developments in negotiations, discusses the key...
3) Carbon Offsetting in International Aviation in Asia and the Pacific: Challenges and Opportunities
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The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) has an important role to play in the aviation industry's efforts to meet its emission reduction targets. The scheme could also benefit developing countries in Asia and the Pacific as a source of these carbon offsets. This report provides climate policy makers and carbon offset suppliers in the region with detailed information about the CORSIA scheme, including the aviation...
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Technology-based startup enterprises are an increasingly important part of the business landscape in Asia and the Pacific. By applying innovative technologies to create new products and services, they can make a significant contribution to economic development while generating social and environmental benefits. However, to survive and then thrive, tech startups require an enabling ecosystem that includes supportive government policy, adequate access...
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Technology-based startup enterprises are an increasingly important part of the business landscape in Asia and the Pacific. By applying innovative technologies to create new products and services, they can make a significant contribution to economic development while generating social and environmental benefits. However, to survive and then thrive, tech startups require an enabling ecosystem that includes supportive government policy, and adequate...
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Supply chain disruptions caused by the coronavirus disease (COVID-19) pandemic have underscored the need for digital and paperless trade procedures to facilitate trade. This report reviews the impact of trade facilitation initiatives on trade costs in Asia and the Pacific since the pandemic began. A special chapter examines the pandemic's impact on the supply chains of critical goods such as vaccines, personal protective equipment, and food, and provides...
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The coronavirus disease (COVID-19) is significantly impacting the development and life cycle of public—private partnership (PPP) projects in Asia and the Pacific. This has led to disruptions in trade, production, and supply chains as well as sharp declines in consumption and investment. This guidance note examines the impacts of COVID-19 on PPP projects in region including the implications for contractual arrangements. It presents governance practices...
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This report offers an analytical framework that allows for more systemic assessments of distributed ledger technology (DLT) and its applications. It examines the evolution and typology of the emergent technology, its existing and projected applications, and regulatory and policy issues that they entail. This report highlights the trends, concerns, and potential opportunities of DLTs, especially for Asian markets. It also identifies the benefits and...
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Regional cooperation and integration (RCI) has become a valuable means for attaining national development goals. This publication covers the progress of the Asian Development Bank (ADB) in implementing its Operational Plan for Regional Cooperation and Integration, 2016-2020, focusing on 2016, by reviewing progress made and identifying areas for improvement. It complements ADB' s existing RCI reports by focusing on RCI progress aligned with the three...
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This edition finds improvements in emerging East Asian bond markets despite the resurgence of coronavirus disease (COVID-19) cases in early 2021. Yet, uncertainties continue to influence economic outlook in Asia and the Pacific. Overall investment sentiment in the region remained subdued amid looming uncertainties in the fight against COVID-19 and inflationary pressure in the United States (US). Yet, there is increasing awareness within the region...
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This publication provides an overview of key development successes and constraints in Indonesia's energy sector. It reviews the support extended by the Asian Development Bank (ADB) and other development partners together with an update on the government's energy plans and strategies. In line with ADB's 2020—2024 country partnership strategy for Indonesia, an outline of strategic initiatives and background information for energy investments and technical...
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Since 2017, the Asia—Pacific Regional Cooperation and Integration Index (ARCII) has been used for monitoring progress in various dimensions of regional cooperation and integration (RCI). This report discusses how the enhanced ARCII framework incorporates two new dimensions (digital connectivity and environmental cooperation) and other methodological innovations to capture the increasingly complex nature of RCI. With these new features, the report...
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This report analyzes e-commerce in Asia and the Pacific, assesses its environmental impact, and explains why providing adequate internet, online payments, and last-mile logistics is key to creating a sustainable and inclusive digital marketplace. Noting the region makes up the largest share of the world's online retail market, it tracks the impact of the pandemic and emphasizes the need to level the playing field for small businesses. It outlines...
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This publication provides an overview of institutional investors' interest in green bonds issued in Thailand, along with an assessment of the perspectives of local arrangers and underwriters on their clients' interest in green bond issuance. It presents the results of a survey to help identify market drivers, impediments, and development priorities for Thailand's sustainable finance market. The findings and insights in this publication can help the...
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This publication presents findings of a study on the availability and provision of long-term care (LTC) in Mongolia including the need for and supply of LTC, regulatory and policy frameworks, service provision, quality management, human resources, and financing. Analysis, conclusions, and recommendations for the development of LTC systems in Mongolia are also included. It contributes to the development of an in-depth knowledge base on LTC policies,...
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The COVID-19 pandemic hit India in three waves between 2020 and 2022 with severe socioeconomic impact, particularly on poor and vulnerable people. The Government of India's response over different phases of the pandemic was comprehensive and graded. As its long-standing partner, the Asian Development Bank (ADB) proactively supported the government's strategic, multisectoral, and well planned intervention. ADB effectively realigned its operational...
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This report highlights the results of Asian Development Bank (ADB) operations to support regional cooperation and integration (RCI) completed during 2017–2020. It outlines how ADB managed its support for RCI and used its resources, and how the bank continued leading development partners in assisting major RCI subregional programs. It notes that, in the medium term, sustaining ADB's RCI leadership and promoting wider, deeper, and more open RCI to...
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This publication provides guidance on how governments and utilities in the Greater Mekong Subregion (GMS) can develop sustainable power development plans based on current international best practices. It outlines how the integration of strategic environmental assessments to an integrated resource planning approach can enable power development plans to explore or better manage renewable energy sources efficiently. It also discusses the benefits and...
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This guidebook shows how India plans to meet its ambitious rooftop solar energy targets and why identifying new business models, engaging utilities better, and developing new market mechanisms will speed up its adoption. It explains how factors such as access to finance, policy uncertainty, and a lack of credible developers are slowing the roll out, and how demand aggregation can help utilities lower costs, reduce risk, and expand market opportunities....
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This report explains how rising climate and disaster risk is set to increase the vulnerability of Asia and the Pacific region's urban poor and identifies how to engender systemic change to strengthen their resilience. It stresses the need for targeted actions to tackle the underlying drivers of vulnerability and to make the urban poor central to decision-making. It shows why households, neighborhoods, and cities are key entry points for the investment...