Rural communities in the Greater Mekong Subregion are vulnerable to climate-related disasters, such as floods, droughts, and storms. Risk financing can help people protect their livelihood and productive assets better through a combination of risk retention, risk sharing, and risk transfer mechanisms. Photo: ADB.

How Risk Financing Can Help Mekong Farmers Cope with Disasters

Risk financing can help at-risk communities better cope with the economic costs of natural disasters and extreme weather.

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Viet Nam is helping farmers respond to climate change to protect their harvests and their livelihoods. Photo: ADB.

Viet Nam is helping farmers respond to climate change to protect their harvests and their livelihoods. Photo: ADB.

In Viet Nam, Government and Farmers Find New Ways to Manage Climate Change

New laws, policies, training centers—and plenty of infrastructure upgrades like water pumps and irrigation systems—are helping Vietnamese farmers deal with the challenges of weather, geography, and climate change.

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ADB to Help Mitigate Risk of Floods, Droughts in Lower Mekong Basin

MANILA, PHILIPPINES (7 November 2012) - The Asian Development Bank and Australian Agency for International Development will provide an $87.39 million package of loans and grants to help Lao People's Democratic Republic and Viet Nam pair infrastructure upgrades with community-based disaster risk management and enhanced regional forecasting to improve flood and drought preparedness in the Greater Mekong Subregion.

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