Poor persons in poor countries are greatly exposed to the risk of adverse shocks, many of international origin, which can create long-lasting damage to individual well-being. There is a strong moral and prudential case for taking measures which reduce the extent to which such shocks arise and...

There is an urgent need to mainstream the key challenges of climate change into sector and development planning and decision making processes to create sustainable long-term development. Mainstreaming is seen as making more efficient and effective use of financial and human resources. It is...

The Asian Development Bank (ADB) has long addressed ways to reduce poverty in its operations and has now established poverty reduction as its overarching objective. The intensified focus on poverty reduction needs to be addressed in conjunction with questions in development that remain on the...