As Asian economies face recession worries, many are putting climate action on the back burner – but climate resilience goes hand in hand with economic stability.

This year’s survey indicated an uncertain outlook for Asian businesses. Economies across the region are enjoying a return to business as usual and recovering from the effects of the COVID-19 pandemic. Yet the invasion of Ukraine has set off a chain of events that roiled global markets and left the world with no clear path …

The latest Asia Business Council survey shows firms are worried about politics increasingly encroaching on business and driving potential decoupling. Energy is the top concern amid high prices and the continuing fallout from Russia’s invasion of Ukraine.

Supply-side constraints, loose monetary policy, geopolitical tensions and weakening consumer sentiment are just some of the issues weighing on business leaders’ minds. Asia’s economic vitality means it will remain a leading source of growth in the future, but expect more bumps on the road to recovery.