19/05/2023
What policy measures need to be taken to make trade and investment part of climate solutions?
The Asian Development Bank (ADB) recently launched the Asian Economic Integration Report 2023: Trade, Investments, and Climate Change in Asia and the Pacific, exploring Asia-Pacific’s progress on regional cooperation and integration and the states of trade, cross-border investment, financial integration and the movement of people. The launch and discussion of the report was hosted by LKYSPP’s Institute for Environment and Sustainability (IES).
The panellists who weighed in on these issues were Professor Benjamin Cashore, Li Ka Shing Professor in Public Management and Director, IES; Dr Emma Aisbett, Associate Professor, Australian National University (ANU) School of Law, Associate Director (Research), ANU Grand Challenge Zero-Carbon Energy for the Asia-Pacific; Dr Jong Woo Kang, Principal Economist, Economic Research and Regional Cooperation Department, ADB; Dr Rolando Avendano, Economist, Economic Research and Regional Cooperation Department, ADB; and the discussion was chaired by Dr Albert Park, Chief Economist and Director General, Economic Research and Regional Cooperation Department, ADB.
Effective trade and investment policies, along with regulatory cooperation in the Asia-Pacific region, have the potential to help economies tackle climate change, rebound from the pandemic, and promote resilient and sustainable development. The challenges facing Asia-Pacific are myriad, but so is the potential for collaborative solutions.
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