Climate policies could affect financial stability if they lead to large changes in asset returns. This column studies the financial stability and welfare effects of
Europe faces a large climate investment gap. This column proposes filling this gap through the joint issuance of European climate bonds. These bonds would be
While road fatalities in Asia and the Pacific have fallen 11% since 2010, progress remains uneven, with low- and middle-income countries lagging behind. Strengthening infrastructure,
Glacial melting threatens regional water security, ecosystems, and economies. Countries must prioritize low-carbon and climate resilient development with sustainable solutions such as nature-based systems, renewable
Performance audits play a crucial role in improving the management and use of public funds, resulting in more effective and efficient government operations. Enhancing the
Complex, carefully managed financing structures can provide the funding needed for island states and others seeking to develop energy projects. Solomon Islands, with a population
Artificial intelligence is reshaping knowledge generation, but human intelligence remains essential for ethical oversight, innovation, and problem-solving. Integrating AI into industries, shifting away from Industrial
The global financial landscape has evolved significantly in recent years, yet small and medium enterprises (SMEs) in emerging markets and developing economies (EMDEs) continue to
Accessing finance remains obstacle to agricultural growth in emerging markets, hindering farmers from improving productivity and escaping poverty. Less than 3% of credit provided by
Quantifying technology adoption, spillovers, and diffusion across firms is crucial for understanding industry dynamics, and in turn countries’ growth. This has become even more important