Driving commercial and political engagement between Asia, the Middle East and Europe
Driving commercial and political engagement between Asia, the Middle East and Europe
Driving commercial and political engagement between Asia, the Middle East and Europe
There have been notable shifts in Asian economies’ ability to foster green finance and digitalisation in Q1, according to the latest Asia House Economic Readiness Indices.
The quarterly update to the indices – which were originally launched in January 2022 – shows a mixed picture across Asia, with the Ukraine crisis and economic scarring from COVID-19 hindering the development of green finance and broader digitalisation in the region. While China and Japan showed resilience across the green finance and digitalisation indices, India saw significant reversals in both. Thailand was the biggest mover, jumping from 48 to 64 in the green finance index.
The indices are produced by Asia House Research to track Asian economies’ progress in developing green finance and digitalisation – key areas that will define the region’s sustainable growth.
The Q1 update provides a mixed outlook, with economic scarring from COVID-19, geopolitical conflict and the continued rise in energy and commodity prices likely to create persistent uncertainty.
