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ESCAP Photo/Anant Jha Blog

Bhutan is one of two countries globally that maintains a carbon-neutral status and is the only country in the Asia-Pacific region that can claim this title. However, as the country recovers from the…

Photo: ESCAP/Madan Regmi Blog

The Asia-Pacific region is experiencing a rapid increase in demand for passenger transport driven by high population and economic growth rates. While the crucial role of transport for economic and…

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The Economic and Social Survey of Asia and the Pacific 2023 highlighted that 19 countries in the region are facing a high risk of debt distress.[1] While the public debt-to-GDP ratio is the most…

Photo credit: iStockphoto/RomoloTavani Blog

More and more developing countries in the Asia-Pacific region are struggling under mounting public debt, making it difficult for them to invest in sustainable development.

External debt servicing…

Photo credit: ESCAP/ Chanju Lee Blog

With a population of around 4.9 billion people, the Asia-Pacific region is home to 63 per cent of the world’s inhabitants. As of 2021, the region accounts for around 37 per cent of global GDP (USD 35…

Photo credit: Adobe Stock/Gajus Blog

Emerging from the shock of the COVID-19 pandemic, the global economy has been shaken yet again, this time by geopolitical events that threaten to set back the nascent post-COVID-19 economic recovery,…

Photo credit: iStock/Cn0ra Blog

The risk of public debt distress is considerably high in almost all Pacific small island developing States (PSIDS). The debt levels in most PSIDS were on a rising trajectory since early 2010s and are…

Photo credit: Shutterstock/Przemyslaw Skibinski Blog

The Pacific Small Island Developing States (PSIDS) are among the most vulnerable countries in the world to the impacts of climate change. The World Risk Index 2021 ranks several Pacific Island…

Photo credit: Shutterstock/Chuyuss Blog

The inauguration of 414 km electrified standard gauge Lao-China railway line has a potential to change the dynamics of international transport among the ASEAN member States and beyond.

The railway…

A New Energy Bus in Beijing (Photo Credit: Yijia Cheng) Blog

The recently concluded United Nations Climate Change Conference 2021, or COP26, in Glasgow, recognized that rapid, deep and sustained reductions in global greenhouse gas emissions, including CO2, are…