Finance

MSMEs in Asia and the Pacific face significant financing challenges, with nearly half either unserved or underserved—resulting in a credit gap estimated at $2.5 trillion.

Southeast Asia advanced efforts to guide capital and funding toward sustainable activities in carbon-intensive sectors.

The planned ASEAN Climate Finance Policy Platform will enable knowledge exchange through evidence-based policy dialogue, generate evidence and build capacity, and develop and operationalize policy frameworks.

The subregion is well positioned to cater to the growing global appetite for Shari’ah-compliant financing.

The move will help ensure there is a credible mechanism for tracking renewable energy consumption and in supporting the shift to a low-carbon economy.

The move is part of a national initiative to aggressively push for financial literacy.

A grant-supported study is looking into the market potential of tradeable certificates and how countries can set up a regional system.

Southeast Asia takes the next step toward Paris climate goals with the release of Version 2 of the ASEAN Taxonomy for Sustainable Finance.

An ADB–IsDB report provides recommendations on how to speed up the development of Islamic climate finance.

A technical assistance project aims to expand the green mortgage market and provide low-cost financing, particularly for women.