The study looks into the role of special economic zones in strengthening the competitiveness of economic corridors of the Greater Mekong Subregion.
This energy sector assessment, strategy, and road map documents the current assessment and strategic investment priorities of ADB and the governments of the Greater Mekong Subregion countries in the energy sector.
Major expansion in the Greater Mekong Subregion power sector will bring added environmental and social pressures, and more attention needs be paid to incorporating greater sustainability into the power planning process.
The Greater Mekong Subregion Transport and Trade Facilitation Action Program (TTF-AP) is an integrated program of advisory support and capacity building focused on enhancing cross-border transport and trade in the subregion.
Strategic environmental assessments may be used to compare different energy scenarios, and a more sustainable power plan can be developed by incorporating the wider impacts considered during the assessment process.
Sustainable development encompasses environment, social, and economic dimensions and a wide range of possible indicators could measure the changes in the degree of protection against danger, damage, or loss.
Renewable energy is a challenge, but also an opportunity for new industries, employment, and new ways to reduce dependency on fuel imports, provide electricity to poor remote areas, reduce air pollution, and provide a healthier environment.
Investments in renewable energy and energy efficiency generate benefits to society as a whole that cannot be fully reflected in investment returns, leading thereby to underinvestment by the private sector.
Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.