Green investments generate significant jobs and sustainable benefits to economies. Photo: ADB

6 Ways to Jumpstart a Green Recovery from COVID-19

In the popular imagination, the coronavirus disease (COVID-19) pandemic has been a boon for the natural world. With more than a third of the global population under some level of lockdown, we’ve delighted to see skies burst back into blueness and wild animals venturing into urban neighborhoods. It’s been easy to convince ourselves that wildlife and the environment have flourished. The truth, however, isn’t so reassuring. The pandemic has created an increase in poaching, animal trafficking, illegal fishing and other environmental crimes.

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Cambodian migrants arriving by train at Anranya Prathet, Thailand. Photo by Joe Lowry via IOM - UN Migration (CC BY-NC-ND 2.0) © IOM 2014

Medtecs Group, a supplier of personal protective equipment in Cambodia, employs 5,500 people at its Kampong Cham factory. It has provided stable jobs, contributing to the local economy, which is critical as Cambodia braces for the impact of COVID-19. Photo by Medtecs Group via ADB

Medical Supplies from Cambodia Helping ADB Developing Member Countries Fight COVID-19 Outbreak

In immediate response to global efforts to combat the pandemic, the Health Sector Group of the Asian Development Bank (ADB)’s Sustainable Development and Climate Change (SDCC) Department mobilized funding for Technical Assistance (TA) on Regional Support to Address the Outbreak of Coronavirus Disease 2019 (COVID-19) in the amount of $48.3 million in early 2020.

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LocalFarm enables farmers and gardeners who had relied on tourism for their incomes to market seasonal fruits, vegetables, salads, and processed fruits directly to consumers. Photo courtesy of TakeMeTour via ADB.

ADB Ventures Backs LocalFarm to Help Thai Tourism Endure Downturn

The Asian Development Bank’s (ADB) impact investment platform, ADB Ventures, has teamed with the Tourism Authority of Thailand (TAT) to support technology startup TakeMeTour to develop the LocalFarm online platform and help mitigate the impact of the coronavirus disease (COVID-19) pandemic on Thailand’s tourism sector.

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Traffic in Phnom Penh, Cambodia. Photo: Bryon Lippincott/Flickr (CC BY-ND 2.0)

ADB Approves $250 Million Loan to Support Cambodia's COVID-19 Response

The Asian Development Bank (ADB) approved on 8 July 2020 a $250 million loan to help the Government of Cambodia respond to the coronavirus disease (COVID-19) pandemic by strengthening the country’s health care system, increasing social assistance to the poor and vulnerable, and providing economic stimulus to businesses, including small and medium-sized enterprises.

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Sunrise over Bangkok, Thailand. Photo: Roberto Trombetta

PACER Dialogue Tackles Tourism Recovery from the COVID-19 Outbreak

As countries in the Greater Mekong Subregion slowly move toward the ‘new normal,’ they are also enacting phased approaches to implement tourism recovery. The challenge for the subregion’s travel and tourism sector is to manage and mitigate the impact of the coronavirus disease (COVID-19), and build back a more sustainable, inclusive, and resilient tourism sector.

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Mekong River Commission Joint Committee Endorses Basin Development Strategy

The Mekong River Commission (MRC) Joint Committee endorsed ad-referendum the 10-year Basin Development Strategy. The Strategy aims to guide Mekong River Basin stakeholders in addressing environmental, social, and economic issues arising from climate change, water resource development projects, and population increase. Its endorsement paves the way for a final consideration and approval by the MRC’s council of ministers. 

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