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New report calls for decarbonization of global value chains
Infrastructure - NOVEMBER 1, 2021

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New report calls for decarbonization of global value chains

by Released

As the world grapples with supply chain disruptions brought about by the pandemic, the Asian Infrastructure Investment Bank (AIIB) has highlighted the need for inclusive and green infrastructure for global value chains (GVCs) to meet fundamental challenges, including the net-zero transition.

In its latest Asian Infrastructure Finance (AIF) report, titled Sustaining Global Value Chains, AIIB highlights the role and evolution of GVCs as well as the urgent shifts necessary to decarbonize along the supply chain or risk the GVC becoming unsustainable.

With GVCs accounting for 50 percent of global exports, the AIF 2021 report highlights the key role infrastructure development and supportive policies play in economic development. Yet, there is an urgent need for GVCs to become more resilient and inclusive, and meet the net-zero challenge. Companies and countries that fail to curb emissions as value chain scrutiny increases could be left behind, inhibiting economic de

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