Asia-Pacific Achieves Milestone in Social Protection Coverage, But Faces Urgent Challenges Amid Climate Change

The World Social Protection Report 2024-26: Universal social protection for climate action and a just transition, highlights both progress and significant disparities among countries in the region.


Devdiscourse News Desk | Bangkok | Updated: 30-09-2024 12:51 IST | Created: 30-09-2024 12:51 IST
Asia-Pacific Achieves Milestone in Social Protection Coverage, But Faces Urgent Challenges Amid Climate Change
The report emphasizes that robust social protection systems are critical for supporting climate change mitigation efforts and ensuring a just transition towards a green economy. Image Credit: Pixabay

The Asia-Pacific region reached a historic milestone in 2023, with 53.6% of its population now covered by at least one social protection benefit, according to a new report from the International Labour Organization (ILO). This surpasses the global average of 52.4%, but 2.1 billion people in the region remain unprotected against various socio-economic risks.

The World Social Protection Report 2024-26: Universal social protection for climate action and a just transition, highlights both progress and significant disparities among countries in the region. While Eastern Asia saw a 15.2 percentage-point increase in coverage since 2015, Southern Asia still lags behind, with a substantial gender gap in access to benefits.

Challenges include the financial sustainability of social protection systems, which only account for 11.8% of the region’s GDP, far below the global average of 19.3%. The report emphasizes that robust social protection systems are critical for supporting climate change mitigation efforts and ensuring a just transition towards a green economy.

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