IDXChannel - Asian Development Bank (ADB) has called for regional cooperation in tackling climate change and other critical development challenges in Southeast Asia.
ADB President Masatsugu Asakawa participated in the 15th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Leaders’ Summit and the 15th Brunei Darussalam-Indonesia-Malaysia-Philippines Growth Area (BIMP-EAGA) Leaders’ Summit in Labuan Bajo, East Nusa Tenggara, Indonesia on Thursday (11/5/2023).
“The threats confronting us today are quite different from those of 3 decades ago,” said Asakawa in remarks delivered to IMT-GT leaders.
“It is crucial that we work collectively to tackle these challenges, the most pressing of which are climate change, food and energy security, and trade and supply chain disruptions,” he added.
Underscoring the threat that climate change poses to Asia and the Pacific economies, Asakawa urged IMT-GT and BIMP-EAGA leaders to develop low-carbon policies in tandem with green and blue recovery projects.