Social protection spending vital to mitigate effects of climate, demographic shocks in Asia & the Pacific
Social protection spending vital to mitigate effects of climate, demographic shocks in Asia & the Pacific
Poverty headcount in Asia and the Pacific could increase by more than 15 percentage points in some countries, given the current low social protection expenditure levels in the region, according to new estimates. In a pessimistic scenario, about 266 million additional people, or 8.7 per cent of the region's population, could fall into poverty by 2040. Read More