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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

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The choice is to let unsustainable transport become entrenched with dire consequences for the economy, quality of life, health and climate change, or to begin making the changes needed for a sustainable transport future. However, Asia’s needs are vast, with estimated investments of $2.5

Asia 218
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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years.

Asia 186