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More consumers and businesses have adopted digital payment systems, such as e-wallets, which enable contactless transactions during the pandemic. Photo credit: ADB.
News
19 November 2021

Google-Led Study Sees a $1-Trillion Digital Economy in Southeast Asia by 2030

Research by Google, Temasek, and Bain shows the digital economy in Southeast Asia could grow beyond the pandemic to $1 trillion by 2030. The largest economy, Indonesia, could become twice the size of the regional market today.
ADB announced a range of high-level measures and partnerships at COP26 aimed at taking transformational action against climate change. Photo credit: ADB.
News
17 November 2021

ADB Welcomes Promising Steps Forward at COP26 for Climate Action in Asia and the Pacific

ADB welcomes the scaled-up commitments from its developing member countries at COP26 as a step forward to strengthen actions in the global battle against climate change.
E-Conomy SEA 2021—Roaring 20s: the SEA Digital Decade
Publication
11 November 2021

E-Conomy SEA 2021—Roaring 20s: the SEA Digital Decade

This report from Google, Temasek, and Bain and Company looks at Southeast Asia's digital economy, focusing on Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. 
The RCEP covers a market of 2.2 billion people with a combined size of $26.2 trillion or 30% of the world’s gross domestic product. Photo credit: ADB.
News
11 November 2021

RCEP Agreement to Enter into Force on 1 January 2022

So far, six member states and four non-ASEAN signatory states have ratified the agreement.
Cover photo of the report
Publication
8 November 2021

Policy Actions for COVID-19 Economic Recovery: A Compendium of Policy Briefs

The report features recommendations and actionable insights for Southeast Asian countries and the People’s Republic of China as they try to recover from the COVID-19 crisis.
Cover photo of UN Adaptation Gap Report
Publication
8 November 2021

Adaptation Gap Report 2021

This report from UNEP looks at how the world is adapting to the intensifying impact of climate change.
Cover photo of UNEP handbook
Publication
8 November 2021

Beating the Heat: A Sustainable Cooling Handbook for Cities

This report provides 80 supporting case studies and examples demonstrating proven strategies to sustainably cool cities.
Renewable energy projects, such as wind farms, can help countries recover from the pandemic by creating jobs and opportunities as well as support their climate goals. Photo credit: ADB.
News
4 November 2021

More than $600M Pledged for Green Infrastructure in Southeast Asia at COP26

The new funding will go to the ASEAN Green Recovery Platform, which backs low-carbon and climate-resilient infrastructure projects.
The mechanism is a transformative, blended-finance approach that seeks to retire existing coal-fired power plants on an accelerated schedule and replace them with clean power capacity. Photo credit: ADB.
News
4 November 2021

ADB, Indonesia, the Philippines Launch Partnership to Set Up Energy Transition Mechanism

The partnership is the first of its kind in Asia and the Pacific and aims to help accelerate Southeast Asia’s clean energy transition.
Brochure cover
Publication
28 October 2021

Framework for Circular Economy for the ASEAN Economic Community

The framework sets out an ambitious long-term vision for a circular economy in ASEAN.
About 350 million people in Asia Pacific do not have an adequate supply and about 150 million people still have no access to electricity. Photo credit: ADB.
News
27 October 2021

New ADB Energy Policy to Support Energy Access and Low-Carbon Transition in Asia and Pacific

The policy move provides a clear path for ADB’s contribution to an environmentally sustainable energy future.
Street vendors plying their goods in Cambodia.
News
27 October 2021

$40 Million ADB Loan for Cambodia’s Financial Sector Development

The loan will support Cambodia’s efforts to expand access to credit among MSMEs and implement reforms to boost financial stability and upgrade financial sector infrastructure.
Cover image of report
Publication
25 October 2021

UN Principles for Responsible Digital Payments

The UN Principles for Responsible Digital Payments sets out guidelines for governments, companies, and international organizations to ensure online transactions meet people's needs, while protecting the most vulnerable.
In markets like Southeast Asia, where many consumers are still unfamiliar with the online ecosystem, platforms must communicate their expectations and standards so that users can detect and avoid risky situations. Photo credit: ADB.
Article
22 October 2021

Why Trust and Safety Is Essential for E-commerce Platforms

As online marketplaces mushroom, businesses need to create safe digital environments for users, says Alan Chan, Lazada Group’s chief risk officer.
Asia is on the frontline of the climate crisis with countries experiencing a dramatic increase in climate shocks in recent years. Photo credit: ADB.
Article
22 October 2021

Will Asia Outshine the West in a Bid for a Sustainable Future?

Asia has the tools, capabilities, and investor interest to support decisive climate action that could help lead the world toward a greener and more sustainable future.