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Countries in Asia and the Pacific must use tax incentives sparingly, embed them into law, and reinforce their overall investment environment.

Tax expenditure estimation is an important analytical tool in supporting tax policy formulation.

Tax reforms aimed at a 10% reduction in smoking prevalence could reduce the population of smokers by 38.7 million and prevent 11.6 million premature deaths.

In Mongolia, community revolving funds helped poor households develop tourism goods and services aligned with biodiversity conservation.

Innovative reforms can play a role in helping tax systems to contribute to improved social protection and reduced inequality in Asia and the Pacific.

Circular practices, such as extending a product’s useful life or recycling waste into products, can yield environmental as well as economic benefits. 

A cyber-attack could mean global economic losses of between $121 billion and $234 billion and insurance losses of between $27 billion and $40 billion.

Pilot projects in the region demonstrate how digital technologies can increase access to finance even in remote areas.

Digital finance promises to be an effective means of reaching the unbanked, but its use must be accompanied by consumer information and education.

Rehabilitating natural systems with green infrastructure is key to building sustainability and resilience to climate change in urban areas.