Guarantee insurance schemes and products such as surety bonds have reduced credit risk embedded in businesses of small and medium-sized enterprises (SMEs) and have helped expand SMEs' participation in economic activities.

This webinar shared lessons from ROK's experience in guaranteeing insurance schemes and products for SMEs and the implications of these schemes for Asian developing economies

This webinar aimed to:

While the COVID-19 pandemic has brought unprecedented economic and social damage to Asia and the Pacific, the crisis also presents an opportunity to build resilience, inclusiveness, and sustainability. At the same time, pandemic strains on public finances compound the need for governments to analyze and mitigate climate-related sovereign risks.