According to ADB's new Asian Development Outlook "Growth in 2021 is forecast to be strongest in East and South Asia, and more moderate in Central and Southeast Asia and the Pacific. The main risks to the outlook are new virus outbreaks or delays in vaccine procurement and administration. Prolonged unemployment and disrupted education caused by the pandemic could have long-term consequences.
To achieve green, resilient, and inclusive recovery, the region needs to mobilize huge sums of capital. Solid evidence associates green and social finance with positive impacts globally and in Asia."
The document is prepared by the ADB in English language. Click here to access the full version.
Source: ADB
Illustration: Anthony Victoria