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The global call to accelerate low carbon transition has significant implications for long-term value creation, particularly for funds fueled by oil revenues.
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With the help of digital technology, faster and larger amounts of aid can reach those affected by disasters.
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Green finance can provide the fiscal firepower to manage the impact of the crisis and steer economies toward resource-efficient and low-carbon growth.
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Regulators should focus on ensuring full corporate disclosure and transparency to protect stakeholders.
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The availability of insurance for high-risk projects gives investors the confidence to pursue green investments.
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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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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.