SMEs form the backbone of Asia’s supply chains and labour force across Asia’s emerging markets, yet many struggle to access the finance and insurance needed to withstand climate shocks. Eco-Business speaks to UNDP’s Tom Beloe in Hong Kong, who explains what it will take to reach them.
More than a hundred Bunun Indigenous people were forced to resettle in lowland areas after 2009’s typhoon Morakot destroyed the only road leading to Tengjhih, their mountain settlement, in southern Taiwan.
Nearly 70 per cent of the NTD607.6 billion (US$19.8 billion) package would fund energy subsidies and investment aimed at shielding households and businesses from higher fuel prices.