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Due to the overlapping inter-related challenges such as jobs recovery from the pandemic, inequality, climate change, and global economic issues, among others, development partners have suggested Nepal accelerate good investments and policy implementation, while creating inclusive opportunities and green jobs.
What are South Asia’s economic prospects and what type of challenges lie ahead? How can the region accelerate growth while creating greener firms and jobs?
Beijing and Washington have been in a tug of war over political influence for the 14 Pacific Island nations.
South Asia’s transition away from fossil fuels will have significant labor market impacts, which could leave many workers stranded in lower-wage jobs in declining industries.
New energy-saving technologies offer South Asian countries an opportunity to modernize their economies, and will be an integral part of their energy transition.