To achieve carbon neutrality, ASEAN+3 countries must overhaul their economic strategies, which will almost certainly mean a period of slower growth.
Anthony Tan speaks to MONEY FM 89.3’s Breakfast with Lynlee Foo and Ryan Huang on the ASEAN+3 region’s short-term economic outlook and how policymakers should tackle the urgency of transitioning to greener growth models.
The inaugural AMRO-INSPIRE-GAIP Conference in Singapore brought together senior figures from financial regulators, central banks, multilateral development banks, non-governmental organisations and the financial sector to discuss the effects and impacts of climate change on the financial system.
AMRO, together with staff from WWF Indonesia supported by WWF Greening Financial Regulation Initiative and WWF Singapore, organised a 3-day workshop in Jakarta, aimed at enhancing awareness of the importance of nature-related risks and their impact on financial stability.
The COVID-19 pandemic has seen ASEAN+3 members introduce and implement a wide array of policies.
This blog presents an overview on how central bankers and supervisors in Southeast Asia can better understand and address broader environment-related, and especially biodiversity loss-related, financial risks.
The United States passed the Inflation Reduction Act of 2022 (IRA), which includes a controversial incentive to accelerate the adoption of electric vehicles (EVs) produced domestically. This analytical note examines the potential implications of the IRA for the ASEAN+3 EV industry and members’ growth strategy going forward.
The ASEAN+3 region faces several hazards due to changing climate patterns. More frequent and/or intense climate-related disasters are likely in the future, which will threaten the region’s natural capital and…
The ASEAN+3 Macroeconomic Research Office (AMRO) and the South East Asian Central Banks (SEACEN) will co-organize the ASEAN+3 Regional Economic Outlook (AREO) 2023: Malaysia Edition seminar on May 23, 2023.
Although the climate-related natural hazard risk of Brunei remains low, and below the world average, the climate transition risk is perennial. AMRO made some suggestions on how to better address the climate change challenges in the country.