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COVID-19 pandemic spurs Asia’s focus on tax, resource mobilization reform

After spending heavily to support their economies during the COVID-19 pandemic, countries in Asia and the Pacific need to look to tax and financial management reforms to mobilize resources for a sustainable, equitable recovery.
Asia Pacific Tax Hub

Collaboration for Resilient and Green Recovery

ADB’s Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

Latest updates from the Annual Meeting

Video | 29 Apr 2021

COVID-19: Responding to an Unprecedented Health Emergency across Asia and the Pacific

ADB's Patrick Osewe discusses developing Asia's response to the unprecedented challenges to its healthcare system posed by the COVID-19 pandemic.

Video | 05 May 2021

We Rise in the New Asian Dawn

Since the outbreak of COVID-19, ADB has been helping its developing member countries address the impacts of the pandemic, and build a green, resilient, and inclusive recovery.

How ADB is Promoting Clean Energy

ADB’s doubling of annual climate financing from 2015 to 2020 means greater support for clean energy initiatives. Find out more on ADB’s work on clean energy

Article | 02 May 2021

Q&A: A new energy policy to accelerate Asia’s energy transition

ADB’s Energy Sector Group Chief Yongping Zhai outlines the rationale behind updating the energy policy to help the bank’s members develop clean, green, and resilient energy systems that foster economic growth.

Video | 16 Sep 2019

A Clean Energy Revolution is Lighting Up Tonga

A new solar power supply financed by ADB's Asian Development Fund, Australia, and donors in Europe is boosting the private sector and ushering in a clean energy revolution in Tonga.

Video | 03 Feb 2020

A Private Financing Deal Helped Build Southeast Asia's Largest Floating Solar Project in Viet Nam

A $37 million investment from ADB and development partners assisted DHD build the first large-scale floating solar PV panels in Viet Nam and the largest installation in Southeast Asia.

What's New

Get up to speed on the latest content from ADB.

Report

ADB’s 2020 Operations Hit Record High to Aid COVID-19 Response, Recovery

This Annual Report sets out the bank's operational and financial results for 2020 as it supported its developing member countries (DMCs) during a year of extraordinary challenges arising from the coronavirus disease (COVID-19) pandemic.

Blog Entry | 28 Apr 2021

Inadequate learning, loss of earnings: The staggering cost of school closures in Asia

If safe re-opening and remedial actions are not prioritized, Asia’s students will bear the long-term costs of this pandemic.

Asian Development Outlook, April 2021

Growth is gaining momentum across developing Asia

The region’s growth is forecast to rebound to 7.3% in 2021, moderating to 5.3% in 2022.

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