Implementing a Green Recovery in Southeast Asia
()
About this ebook
Read more from Asian Development Bank
Handbook on Battery Energy Storage System Rating: 5 out of 5 stars5/5Integrated Solid Waste Management for Local Governments: A Practical Guide Rating: 0 out of 5 stars0 ratingsCarbon Capture, Utilization, and Storage Game Changers in Asia: 2020 Compendium of Technologies and Enablers Rating: 5 out of 5 stars5/5Energy Storage in Grids with High Penetration of Variable Generation Rating: 0 out of 5 stars0 ratingsWaste to Energy in the Age of the Circular Economy: Compendium of Case Studies and Emerging Technologies Rating: 5 out of 5 stars5/5Hybrid and Battery Energy Storage Systems: Review and Recommendations for Pacific Island Projects Rating: 0 out of 5 stars0 ratingsPoverty in the Philippines: Causes, Constraints, and Opportunities Rating: 5 out of 5 stars5/5A Practical Guide to Concrete Pavement Technology for Developing Countries Rating: 0 out of 5 stars0 ratingsSmart Ports in the Pacific Rating: 0 out of 5 stars0 ratingsMicrosoft Excel-Based Tool Kit for Planning Hybrid Energy Systems: A User Guide Rating: 0 out of 5 stars0 ratingsEnabling Inclusive Cities: Tool Kit for Inclusive Urban Development Rating: 0 out of 5 stars0 ratingsPhilippines: Public-Private Partnerships by Local Government Units Rating: 0 out of 5 stars0 ratingsUrban Metabolism of Six Asian Cities Rating: 0 out of 5 stars0 ratingsInclusive Cities: Urban Area Guidelines Rating: 0 out of 5 stars0 ratingsWaste to Energy in the Age of the Circular Economy: Best Practice Handbook Rating: 0 out of 5 stars0 ratingsIndonesia Energy Sector Assessment, Strategy, and Road Map—Update Rating: 0 out of 5 stars0 ratingsMethodology for Estimating Carbon Footprint of Road Projects: Case Study: India Rating: 0 out of 5 stars0 ratingsDeployment of Hybrid Renewable Energy Systems in Minigrids Rating: 0 out of 5 stars0 ratingsCAREC Road Safety Engineering Manual 4: Pedestrian Safety Rating: 0 out of 5 stars0 ratingsSustainable Tourism After COVID-19: Insights and Recommendations for Asia and the Pacific Rating: 0 out of 5 stars0 ratingsHandbook on Microgrids for Power Quality and Connectivity Rating: 0 out of 5 stars0 ratingsTeacher Professional Development Case Studies: K-12, TVET, and Tertiary Education Rating: 4 out of 5 stars4/5Carbon Pricing for Energy Transition and Decarbonization Rating: 0 out of 5 stars0 ratingsClimate Change Adjustments for Detailed Engineering Design of Roads: Experience from Viet Nam Rating: 0 out of 5 stars0 ratingsFutures Thinking in Asia and the Pacific: Why Foresight Matters for Policy Makers Rating: 0 out of 5 stars0 ratingsPorts and Logistics Scoping Study in CAREC Countries Rating: 0 out of 5 stars0 ratingsHandbook for Rooftop Solar Development in Asia Rating: 0 out of 5 stars0 ratingsGuidelines for Wind Resource Assessment: Best Practices for Countries Initiating Wind Development Rating: 0 out of 5 stars0 ratingsGreen City Development Tool Kit Rating: 0 out of 5 stars0 ratings
Related to Implementing a Green Recovery in Southeast Asia
Related ebooks
Strengthening Domestic Resource Mobilization in Southeast Asia Rating: 0 out of 5 stars0 ratingsHarnessing the Potential of Big Data in Post-Pandemic Southeast Asia Rating: 0 out of 5 stars0 ratingsGreen Finance for Asian State-Owned Enterprises: An Opportunity to Accelerate the Green Transition Rating: 0 out of 5 stars0 ratingsAsian Development Bank Sustainability Report 2020 Rating: 0 out of 5 stars0 ratingsSupporting Post-COVID-19 Economic Recovery in Southeast Asia Rating: 0 out of 5 stars0 ratingsGreen Infrastructure Investment Opportunities: Thailand 2021 Report Rating: 0 out of 5 stars0 ratingsGreening Development in the People’s Republic of China: A Dynamic Partnership with the Asian Development Bank Rating: 0 out of 5 stars0 ratingsADB's Support for the Sustainable Development Goals: Enabling the 2030 Agenda for Sustainable Development through Strategy 2030 Rating: 0 out of 5 stars0 ratingsAsian Development Bank Sustainability Report 2018: Investing for an Asia and the Pacific Free of Poverty Rating: 0 out of 5 stars0 ratingsCarbon Pricing for Green Recovery and Growth Rating: 0 out of 5 stars0 ratingsUnlocking Islamic Climate Finance Rating: 0 out of 5 stars0 ratingsPolicy Actions for COVID-19 Economic Recovery: A Compendium of Policy Briefs, Volume 2 Rating: 0 out of 5 stars0 ratingsPillars of Progress: ADB’s Contributions to the Sustainable Development Goals Rating: 0 out of 5 stars0 ratingsClimate Finance Landscape of Asia and the Pacific Rating: 0 out of 5 stars0 ratingsFostering Regional Cooperation and Integration for Recovery and Resilience: Guidance Note Rating: 0 out of 5 stars0 ratingsClimate Resilient Fiscal Planning: A Review of Global Good Practice Rating: 0 out of 5 stars0 ratingsGreen Finance Strategies for Post-COVID-19 Economic Recovery in Southeast Asia: Greening Recoveries for Planet and People Rating: 0 out of 5 stars0 ratings2021 Energy Policy of the Asian Development Bank: Supporting Low-Carbon Transition in Asia and the Pacific Rating: 0 out of 5 stars0 ratingsFuture Carbon Fund: Delivering Co-Benefits for Sustainable Development Rating: 0 out of 5 stars0 ratingsPolicy Actions for COVID-19 Economic Recovery: A Compendium of Policy Briefs Rating: 0 out of 5 stars0 ratingsAsia’s Progress toward Greater Sustainable Finance Market Efficiency and Integrity Rating: 0 out of 5 stars0 ratingsNarrowing the Development Gap: Follow-Up Monitor of the ASEAN Framework for Equitable Economic Development Rating: 0 out of 5 stars0 ratingsA Governance Framework for Climate Relevant Public Investment Management Rating: 0 out of 5 stars0 ratingsAccelerating Sustainable Development after COVID-19: The Role of SDG Bonds Rating: 0 out of 5 stars0 ratingsSupporting Quality Infrastructure in Developing Asia Rating: 0 out of 5 stars0 ratingsFinancing the Ocean Back to Health in Southeast Asia:: Approaches for Mainstreaming Blue Finance Rating: 0 out of 5 stars0 ratingsAsian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty Rating: 0 out of 5 stars0 ratings
Finance & Money Management For You
The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The Total Money Makeover by Dave Ramsey: Summary and Analysis Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5The Richest Man in Babylon Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance Rating: 4 out of 5 stars4/5Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life Rating: 4 out of 5 stars4/5The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5The Private Equity Playbook: Management’s Guide to Working With Private Equity Rating: 4 out of 5 stars4/5How Rich People Think: Condensed Edition Rating: 4 out of 5 stars4/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5
Reviews for Implementing a Green Recovery in Southeast Asia
0 ratings0 reviews
Book preview
Implementing a Green Recovery in Southeast Asia - Asian Development Bank
IMPLEMENTING A GREEN RECOVERY IN SOUTHEAST ASIA
MAY 2022
Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)
© 2022 Asian Development Bank
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Tel +63 2 8632 4444; Fax +63 2 8636 2444
www.adb.org
Some rights reserved. Published in 2022.
ISBN 978-92-9269-508-8 (print); 978-92-9269-509-5 (electronic); 978-92-9269-510-1 (ebook)
Publication Stock No. TCS220180
DOI: http://dx.doi.org/10.22617/TCS220180
The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.
ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.
By making any designation of or reference to a particular territory or geographic area, or by using the term country
in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.
This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/terms-use#openaccess.
This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.
Please contact [email protected] if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.
Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda.
Notes:
In this publication, $
refers to United States dollars.
ADB recognizes South Korea
as the Republic of Korea and Vietnam
as Viet Nam.
On the cover: Go blue and green through practice of sustainable fishing, promotion of eco-friendly modes of transport, use of renewable energy, and adoption of the circular approach (reuse, remanufacture, refurbishment, and recycling). Scenic background inspired by the Angkor Wat of Cambodia.
Cover design by Cleone Baradas.
Contents
Tables, Figures, and Boxes
Foreword
This publication is the third of four reports from a regional study completed in 2021 and funded by the technical assistance of the Asian Development Bank (ADB) on Policy Advice for COVID-19 Economic Recovery in Southeast Asia. The project supports the recovery efforts of Southeast Asian countries to return to their economic performance before the coronavirus disease (COVID-19) pandemic. It also assists countries in preparing for national, regional, or global transformations that may take place post-COVID-19. The focus countries are Cambodia, Indonesia, Myanmar, the Philippines, and Thailand, which tapped ADB’s COVID-19 Pandemic Recovery Option facility.* The study produced four reports on the following thematic areas:
1. Supporting post-COVID-19 economic recovery in Southeast Asia. After analyzing different sectors, their potential for growth, and the strengths of economies in Southeast Asia, ADB identified five key sectors: tourism, agro-processing, and garments are well-established sectors needing transformation or improvement; while electronics and digital trade are evolving sectors with a high potential for growth. This allows the development of more targeted policies given the constraints to governments’ financial and administrative resources.
2. Strengthening domestic resource mobilization in Southeast Asia. COVID-19 exacerbated the struggles of some governments to generate tax revenue to meet public expenditure needs. ADB proposes policy actions to expand the tax base, increase tax compliance, and strengthen tax administration to create a healthy fiscal space.
3. Implementing a green recovery in Southeast Asia. Green recovery from the pandemic is crucial to ensure an economically and environmentally resilient future for Southeast Asia. Well-designed policy measures can simultaneously achieve socioeconomic and environmental goals.
4. Harnessing the potential of big data in post-pandemic Southeast Asia. Digitalization gained more prominence amid COVID-19 and highlighted the value of big data for the effective and efficient delivery of key public services such as health care, social welfare and protection, and education. A range of policy enablers for big data adoption in policy making—from strategic governance to building a data driven culture—were examined.
This publication provides policy makers with a baseline to understand the scope of policy options available in their pursuit of economic recovery. There is still much uncertainty on timing, particularly as the trajectory of the pandemic (i.e., new COVID-19 mutations) remains unclear and countries await the development and distribution of more vaccines. While COVID-19’s impact on Southeast Asia has been significant, the report provides hope. The medium-term growth opportunities are strong. Taking advantage of those opportunities, however, will require a significant rethink of current approaches. This series of publications will hopefully inspire governments to think beyond the containment stage and lay the groundwork for opportunities that will ensure a sustainable recovery underpinned by more resilient economies and societies.
The research benefited from the insights and perspectives of government officials, the private sector, the academe, and other key stakeholders and experts working in the region who convened in thematic workshops, roundtable consultations, and focus group discussions. We are grateful for their support and collaboration.
The ADB resident mission offices of the focus countries have effectively coordinated all country consultations to inform the study. We look forward to ADB’s continued engagement with these countries, in line with its current approaches, to carry out the policy recommendations to support the region’s recovery efforts. These recommendations align with the operational directions on fostering regional cooperation and integration under ADB’s Strategy 2030. Strengthening regional cooperation is crucial for dealing with future crises more effectively.
Ramesh Subramaniam
Director General
Southeast Asia Department
Asian Development Bank
* ADB’s stance on Myanmar since 1 February 2021 is outlined in its public statements of 2 February 2021 and 10 March 2021.
Acknowledgments
The research was supported by the regional technical assistance on Policy Advice for COVID-19 Economic Recovery in Southeast Asia (TA 9964). The team from the Regional Cooperation and Operations Coordination Division (SERC), Southeast Asia Department (SERD) of the Asian Development Bank (ADB), led by Thiam Hee Ng, former principal economist, SERC, with support from Dulce Zara and Georginia Nepomuceno, managed the study and coordinated the preparation of this publication under the supervision of Alfredo Perdiguero, director, SERC. Jason Rush provided technical support. Maria Theresa Bugayong and Hannah Estipona extended administrative assistance.
The study is a collaboration between ADB and AlphaBeta (SG) PTE LTD led by Fraser Thompson. Genevieve Lim from AlphaBeta prepared the report. Several ADB staff provided invaluable comments, including: Srinivasan Ancha, Anouj Mehta, Naeeda Crishna Morgado, Toru Kubo, Pradeep Tharakan, Florian Kitt, Antonio Ressano, David Freedman, Kyaw Thu, Teresa Mendoza, Jay Roop, and Kate Hughes.
The team gratefully acknowledges the views and suggestions of government officials, the private sector, the academe, researchers, development partners, and other stakeholders in the region. They generously extended their support and cooperation during the thematic workshops, roundtable consultations, focus group discussions, and related events at