Global megatrends risk plunging millions into poverty across Asia

Policymakers must adapt to climate, demographic change, rise of digital technology

20241011 climate change asia

Boys play beside a canal with the Cirebon-1 power plant in the background, in Cirebon, West Java province, Indonesia. © Reuters

Selsah Pasali is a social affairs officer at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Selim Raihan is a professor in the Department of Economics, University of Dhaka and Executive Director of the South Asian Network on Economic Modeling (SANEM).

In the coming decades, the Asia-Pacific region faces a series of challenges that threaten to exacerbate poverty. Among these, climate change, demographic shifts -- particularly aging populations -- and the rise of digital technologies stand out as three interconnected global megatrends.

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