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  • 11-March-2024

    English

    Towards Greener and More Inclusive Societies in Southeast Asia

    Over 100 million workers in Southeast Asia have jobs that are directly or closely linked to the environment, making them vulnerable to climate change impacts. These same workers likely earn at least 20% lower than the national average and are largely in informal employment. The region’s necessary transition towards greener growth could affect them in several ways: some sectors will create jobs and others will lose jobs or disappear altogether. Understanding the effects of both climate change and green growth policies on jobs and people is thus essential for making the transition in Southeast Asia an inclusive one. The study explores these issues, with emphasis on the potential effects on labour of an energy transition in Indonesia, and of a transition in the region’s agricultural sector, illustrated by a simulated conversion from conventional to organic rice farming.
  • 11-March-2024

    English

    Transitioning to greener and more sustainable growth models can provide a massive boost to employment in Southeast Asia

    Southeast Asia, a region grappling with environmental challenges and the effects of climate change where one in three workers rely on natural resources to sustain their livelihoods, would see large employment gains from transitioning to sustainable agriculture and to renewable sources of energy, according to a new OECD Development Centre report.

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  • 14-February-2024

    English

    Catastrophe bonds can strengthen disaster risk financing in Asia and the Pacific

    Tropical storms, earthquakes, floods and droughts are growing in both frequency and intensity in the countries of Asia and the Pacific, yet they are insufficiently insured against natural catastrophes. To reduce the costs of such disasters, they must broaden their financing options. By transferring risks to investors through capital markets, catastrophe (CAT) bonds can help.

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  • 14-February-2024

    English

    Fostering Catastrophe Bond Markets in Asia and the Pacific

    As climate change increases exposure to natural disasters, countries need new solutions to mitigate risks of natural hazards. For many in Asia and the Pacific, mobilising existing resources is not enough: they need to consider a grand design of disaster risk financing strategies. Catastrophe bonds (CAT bonds) can be an effective, market-based financing tool for the region. While the global CAT bond market has grown steadily since the 1990s, it remains weakly developed in Asia and the Pacific. Its successful development there requires robust purpose-built legal frameworks; developed general bond markets, especially in local currency; appropriate capacity building; and data-driven pricing models. This report explores each of these conditions along with policy suggestions for fostering them, and discusses the development of multi-country CAT bonds in Asia and the Pacific.
  • 16-January-2024

    English

    Better social protection is the key to breaking the intergenerational circle of informal employment and low pay

    Helping the majority of the world’s active population to escape informality and low-paying jobs demands more efficient social protection and skill development policies, according to the report Breaking the vicious circles of informal employment and low-paying work released today.

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  • 15-January-2024

    English

    Breaking the Vicious Circles of Informal Employment and Low-Paying Work

    This report adds two perspectives on informality. First, it disassembles the mechanics of the deleterious links between informal employment, low-paying work and low skills. It shows that informal employment is highly persistent, and that the vulnerability of informal workers is passed on to their children in the absence of adequate education, skills and social protection policy. Second, the report underscores the double burden of informality and low-paying work that a large share of workers in developing and emerging economies carry, and as such calls for policy solutions that go beyond the formalisation agenda and embrace the goal of social justice.
  • 15-December-2023

    English

    Latin American Economic Outlook 2023 - Investing in Sustainable Development

    Latin America and the Caribbean needs an ambitious and comprehensive investment agenda to embark on a stronger and more sustainable development trajectory. The 16th edition of the Latin American Economic Outlook proposes ways to make this possible through co-ordinated actions by policy makers, the private sector and international partners. It argues that to close existing investment gaps and overcome the region’s structural challenges, it is essential to scale up domestic and foreign investment. These investments should be a catalyst for better quality jobs and an upgraded production structure, harnessing the potential of LAC’s endowments and of the green and digital transitions. Better governance and information are key to promoting effective and efficient public and private investments. Public institutions are fundamental to aligning investments with national development strategies while building stronger social contracts. The report presents a series of options for financing this new investment agenda, including innovative debt instruments and a renewed role for development finance institutions. The report also highlights the importance of reinvigorated international partnerships across the investment agenda.
  • 15-December-2023

    Spanish

    América Latina y el Caribe necesitan una nueva agenda de inversiones para impulsar el crecimiento, la creación de empleo y el desarrollo sostenible

    Para lograr un desarrollo más sostenible, los países de América Latina y el Caribe deben aumentar tanto los niveles como la calidad de la inversión, señala el informe Perspectivas Económicas de América Latina 2023: Invirtiendo para un desarrollo sostenible, presentado hoy.

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  • 15-December-2023

    English

    New investment agenda needed in Latin America and the Caribbean to boost growth, job creation and sustainable development

    To achieve more sustainable development, countries in Latin America and the Caribbean must increase both the levels and the quality of investment, says the Latin American Economic Outlook 2023: Investing in Sustainable Development, presented today in Santiago de Chile at the United Nations Economic Commission for Latin America and the Caribbean Headquarters.

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  • 15-December-2023

    English, PDF, 1,760kb

    LEO 2023 overview english

    Latin America and the Caribbean (LAC) has enormous potential to secure a stronger and more sustainable development trajectory. To seize this potential, the region needs a more ambitious and comprehensive investment agenda.

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