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Here’s what worked and what didn’t for Asian Development Bank’s first regional technical assistance on innovation.
In the Republic of Korea, the finance sector needs environmental, social, and governance evaluation criteria amid growing shareholder stewardship.
The Almaty-Bishkek Regional Road Rehabilitation Project enhanced cross-country connections between Almaty and Bishkek to support regional connectivity and trade in Central Asia.
The availability of insurance for high-risk projects gives investors the confidence to pursue green investments.
Modernized facilities and customs reform cut the passage time by over 50% at the busy border crossing in Uzbekistan.
Taking a risk-management approach to large-scale projects involves investing in project preparation and attending to stakeholders’ concerns early, such as land and resettlement issues.
A market-based approach for reducing air pollution offers countries in the region great potential for flexibility and innovation.
In the Republic of Korea, K-water offers smart solutions for managing limited water resources to supply increasing demand in cities.
Environment-friendly development policies helped the Republic of Korea reduce carbon emissions while sustaining high economic growth.
Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.