Post-Pandemic Green Recovery in ASEAN

This insightful book examines the economic impacts of COVID-19 on ASEAN and offers strategies for a sustainable recovery, emphasizing green initiatives.

The COVID-19 pandemic had a profound impact on ASEAN's economy, leading to a significant decline in real gross domestic product (GDP). Post-Pandemic Green Recovery in ASEAN delves into the regional and country-specific perspectives on how to navigate the challenges posed by this downturn while maintaining a focus on sustainable economic practices. The book highlights the drastic reduction in investments in green projects due to economic uncertainty and government policies that often favored fossil-fuel intensive growth strategies over environmental considerations.

In its comprehensive analysis, Post-Pandemic Green Recovery in ASEAN presents empirical studies that utilize fresh data to explore various sectors affected by the pandemic, such as tourism, infrastructure, energy, and small and medium enterprises (SMEs). It assesses the effectiveness of diverse tools and instruments aimed at promoting green recovery, including green finance, carbon taxation, and innovative policy frameworks. The chapters offer practical recommendations tailored for ASEAN member states and other developing regions, emphasizing the importance of integrating green strategies into economic recovery plans.

This book serves as a vital resource for researchers and policymakers alike, reiterating the necessity of implementing low-carbon mechanisms and climate change policies alongside traditional economic recovery strategies. By providing insights into effective recovery practices, Post-Pandemic Green Recovery in ASEAN aims to guide the region towards a more sustainable and resilient economic future.