Post-Pandemic Green Recovery in ASEAN

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ASEAN’s real gross domestic product (GDP) had declined sharply during the COVID-19 pandemic. The economic downturns and the uncertainty about the future drastically reduced the new investments in green projects. Governments rolled back environmental regulations and taxes for stimulating economic growth and increased fossil-fuel intensive infrastructure and electricity. This book offers insights into regional and country-level perspectives and ways to keep the greenness of the economic recovery plans.

The chapters look at various aspects and sectors, including tourism, infrastructure, energy, small and medium enterprises (SMEs), employment, and livelihood, by assessing the effectiveness of various tools and instruments, including green finance, carbon taxation, green Sukuk, credit guarantee, cash transfer payment, power purchase agreements, and the related policies. They also provide practical policy recommendations useful for the ASEAN member states and other developing regions for the green recovery in the post-pandemic.

Reiterating the importance of green and low-carbon mechanisms and climate change tackling policies besides the usual economic recovery strategies, this book is a precious resource for the researchers of economics, finance, ASEAN and Asian studies, and policymakers.