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    2022 review of climate ambition in Asia and the Pacific : raising NDC targets with enhanced nature-based solutions with a special feature on engagement of children and youth in raising national climate ambition

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    As of August 2022, 39 out of the 49 Asia-Pacific member States included in this report, have made carbon neutrality and net-zero pledges, and have started developing enabling frameworks to the support implementation of their commitments. However, very few of these pledges are supported by updated and ambitious NDC commitments that will scale down greenhouse gas emissions to keep global warming within 1.5°C pathway . The Asia-Pacific region will only be able to drive ambitious climate action when such pledges are supported with higher ambition of NDC commitments. Since COP26, 13 countries have updated their approach to fight climate change. Progress is being made across different subregions, and by countries with different income levels. While there is some progress in developing synergies between green growth, development strategies and long-term low- emissions strategies, more can be achieved during the NDC updates process, which can start any time with a final submission in 2025. Indeed, those Asia-Pacific countries that have included innovation and roll out of decarbonization technologies will be at an advantage during the implementation of their commitments. Given the current volume of greenhouse gas emissions in the Asia-Pacific region, it is important to focus on removing the barriers to decarbonization of key and carbon-intensive sectors through phasing down and phasing out coal, reducing dependence on other fossil fuels, scaling up penetration of renewable energy resources and e-mobility, and enhancing energy efficiency, as well as encouraging low-carbon recovery from COVID-19 pandemic, which can create jobs and contribute to sustainable economic revival. With the current turmoil in energy markets and fast declining costs of renewables, now is the time for Asia-Pacific countries to aggressively scale up investments in renewable energy production and improve energy efficiency in order to enhance decarbonization efforts substantially. Additional opportunities to scale up decarbonization and enhance current NDC commitments as recommended by the Glasgow Climate Pact, include increased investments in nature-based solutions (NbS), and ensuring protection of that natural wealth, which can help reduce the gap between the current NDC commitments and the required greenhouse gas emissions reductions to keep global warming within 1.5°C pathway. Most governments in the Asia-Pacific region have indicated, in their NDCs, that the delivery on nature-based solutions (NbS) is contingent on external financing. However, international financing for NbS is contested and limited. Further, in recent years, youth and children have begun to recognize their potential as agents for raising climate ambition and are voicing their concerns regarding current insufficient climate action. This prompts governments to ensure that the youth and children can take a seat at the decision- making table, and that their concerns are taken into account when reviewing the next steps for NDC commitment

    Presentation. Kazakhstan Agency for International Development KazAID : released projects on digitalization in Central Asian countries. 2022 SPECA Economic Forum

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    Theme: Greener and Safer FutureSession 5: Digital Transformation – Leveraging digital opportunitie

    Report. Ad Hoc Session of the SPECA Governing Council

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    The Governing Council of the United Nations Special Programme for the Economies of Central Asia (SPECA) will hold its 17th session on 18 November 2022 as hybrid session with in-person and online participation. Under the chairmanship of Kazakhstan, seven SPECA participating countries, Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will discuss the outcomes of 2022 SPECA Economic Forum and adopt its conclusions and recommendations.At its 17th session on 18 November 2022, the SPECA Governing Council decided to organize an ad hoc session as a follow-up event to the 2022 session of the SPECA Governing Council. The ad hoc session of the Governing Council of the United Nations Special Programme for the Economies of Central Asia (SPECA) was held on 9 December 2022 in a virtual modality. The ad hoc session was jointly organized by the Government of the Republic of Kazakhstan, the Chair country of SPECA in 2022, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Economic Commission for Europe (UNECE)

    Foreign direct investment trends and outlook in Asia and the Pacific 2022/2023

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    - Despite global geopolitical and economic pressure, Greenfield investments in the Asia-Pacific have remained resilient, growing by 6 per cent in 2022. - Completed M&amp;A deals in the Asia-Pacific have decreased significantly by 70 per cent in the first three quarters of 2022.- At the subregional level, only the South and South-West Asia and the Pacific subregions recorded significant growth in attracting Greenfield FDI, at 290 per cent and 54 per cent, respectively. However, growth in both subregions was highly uneven, with India and Australia receiving the lion's share of FDI in each respective subregion.- For the first time, India outpaced China and became the largest destination and source of Greenfield FDI in Asia and the Pacific in 2022, receiving US60billionofinwardGreenfieldFDIandbeingresponsibleforUS 60 billion of inward Greenfield FDI and being responsible for US 35 billion in outward FDI.- Intraregional Greenfield inflows, as a share of total inflows, have dropped to 16 per cent in the region. ASEAN member States attracted the largest share (43 per cent).- The semiconductor subsector attracted close to US$ 37 billion in Greenfield investments in the first three quarters of 2022, which was by far the largest.</p

    Policy guidebook : harnessing digital technology for financial inclusion in Asia and the Pacific

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    The significance of strengthening economic growth and sustainable development through financial inclusion is critical for the Asia-Pacific region. Harnessing the advent of digital technology to enable financial inclusion is one of the most promising opportunities to bring millions of unserved and underserved people across the region into the formal financial sector. This is especially true for people who are living at the base of the economic pyramid (BoEP) and for women, who are disproportionately marginalized. However, while the promise of digital finance is appealing, the introduction of digital services does not solve many of the root causes of financial exclusion and also creates new challenges for those at the BoEP. Policymakers and regulators have an important role to play to ensure that digital services are delivered responsibly and that they are achieving the desired outcomes including enhanced resilience and economic opportunity for women and other disadvantaged groups. This policy guidebook aims to support the region’s policy makers and regulators to capitalize on the opportunity to harness digital technology as an effective means to advance financial inclusion and enhance the wellbeing of those at the BoEP, including women.</p

    The SME law and its impact on women entrepreneurs in Viet Nam

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    With the aim to&nbsp;strengthen the policy&nbsp;and legal environment&nbsp;for women-owned&nbsp;enterprises, the&nbsp;report uses multiple&nbsp;assessment methods&nbsp;to evaluate the extent&nbsp;of impact of the SME&nbsp;law on women-owned&nbsp;enterprises and provides&nbsp;policy and programmatic&nbsp;recommendations.</p

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