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Setting the criteria for classifying environmentally sound investments can help the Republic of Korea transition to a carbon-neutral economy.
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The availability of insurance for high-risk projects gives investors the confidence to pursue green investments.
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Financial support and credit rehabilitation can help financially vulnerable borrowers to repay their debts amid economic impacts of COVID-19.
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A financing scheme using Internet of Things gives tricycle drivers access to credit without collateral and promotes discipline in loan repayments.
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Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.
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Achieving financial inclusion through technology-based solutions presents both opportunities and challenges in Sri Lanka’s financial sector.
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Lessons from efforts of the Republic of Korea to help financially vulnerable borrowers before the pandemic can help shape effective measures.
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Promoting national digital ID systems, interoperable systems, and cloud-based infrastructures can make digital financial services more efficient.
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Digital connectivity is a public good that can lead to new and sustainable growth areas and facilitate cross-border trade and remittances.
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Governments should provide policy and financial support to industries that shift to remote or noncontact transactions to cope with COVID-19.
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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.
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Invest in innovative and bankable projects to support healthy oceans and resilient, sustainable blue economy sectors.
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Digital finance offers the potential to reach underserved groups, but it is vital to first understand the needs of this segment.
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Providing a lifeline to workers and businesses most affected by the COVID-19 crisis calls for innovative solutions, such as digital money transfers.
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Through machine learning, data from nontraditional sources, such as telcos, are analyzed for credit risk assessment of the unbanked.