Financing developing Asia’s infrastructure needs as economies expand and climate change impacts, remains a huge challenge and must include the private and public sectors.
The financial sector, including banking, insurance, and capital markets is a key driver of economic growth.
Infrastructure and business financing play a vital role in the shift to sustainable economies across Asia and the Pacific.
Developing Asia infrastructure investment needs,
Developing Asia needs investment of $1.7 trillion per year in infrastructure to maintain its growth momentum, tackle poverty, and respond to climate change.
Global Trade Finance
The global trade finance gap grew to $1.7 trillion in 2020, hampering progress towards many of the UN Sustainable Development Goals.
Adults with a Bank, Financial Institution, or
Mobile-Money Service Provider Account, 2017
About 2.7 billion people worldwide, or 70% of adults in developing countries, have no access to formal financial services, such as bank accounts or loan facilities.