The low insurance coverage has persisted in the region even though it has suffered nearly $1.3 trillion in losses over the last 50 years, resulting to individuals, businesses and governments bearing the costs of natural calamities.
Jay Li –
Guaranteeing solar panels over a long period presents an emerging problem for the insurance industry and those who own renewable energy resources. How can we ensure solar assets will be protected into the future?
Sri Wening Handayani –
Cash transfer programs, efficient government expenditure and capacity building are ways in which communities across Asia can receive adequate social protection and meet their basic needs.
and Gautam Jindal –
The finance centre of Southeast Asia has declared ambitions to become a hub for sustainable finance, but how much progress has it made? NUS' Jacqueline Tao investigates.
Humanity only has three years left to safeguard the climate, but a lot more funding than what is currently available is required to build a low-carbon future. ADB's Ingrid van Wees suggests that local currency green bonds could be the answer.