EconomyGreen finance, digitalization vital for Asia after COVID: report
U.K. think tank warns of 'middle-income trap' if challenges not addressed
A solar power plant in China's Shandong Province: Asia House says emerging economies need "unprecedented investment for energy transitions" away from fossil fuels. © Reuters
KENTARO IWAMOTO, Nikkei staff writer
February 7, 2022 16:33 JST
SINGAPORE -- Emerging Asia is expected to be the world's fastest-growing regional economy in 2022, as it begins to shake off the impact of COVID-19. But a U.K. think tank says the region still needs effective policies to promote green finance and fill digital gaps if it is to spur development.