This publication examines innovative finance mechanisms for government recovery strategies that can incentivize green infrastructure investment in developing Asia and support the fight against the coronavirus disease (COVID-19) pandemic.
ADB’s Multi-Donor Project Readiness Improvement Trust Fund (PRI Fund) has been supporting Southeast Asia to build a pipeline of climate resilient design- and procurement-ready infrastructure projects. Watch the video showing how the PRI Fund helps such investments become shovel ready, innovative and catalytic, featuring Lao PDR’s Sustainable Rural Infrastructure and Watershed Management Sector Project.
The COVID-19 global pandemic has put a heavy burden on the healthcare systems of developing countries in the Asia and Pacific region.
A GMS Senior Officials Meeting (SOM) was held on 11 September 2020 via web-based conferencing to review (i) proposed key GMS strategic planning documents and knowledge products, which includes GMS COVID-19 response initiatives and the new long-term strategy for the GMS program, and (ii) preparations for upcoming GMS events—the 11th Economic Corridors Forum (ECF-11), the 24th GMS Ministerial Conference (MC-24), and the 7th GMS Summit (Summit-7).
The Asian Development Bank (ADB) and the International Organization for Migration (IOM) held a joint virtual dialogue on Labor Migration in the Greater Mekong Subregion (GMS) on 8 September 2020, with the aim of strengthening cooperation through enhanced labor migration management.
With proactive planning and investment in health and other sectors—and the support of partners like ADB—the six countries of the Greater Mekong Subregion (GMS) are meeting the challenge of the coronavirus disease (COVID-19) pandemic while ensuring faster economic recovery.
The Mekong River Commission (MRC) released a Situation Report on conditions in the Lower Mekong River Basin in January-July 2020 identifying possible causes of low flows and drought.
The MRC noted that the Lower Mekong River Basin has experienced record lows for the second consecutive year.
This brief assesses the impact of the coronavirus disease (COVID-19) on migrant workers, how reduced remittances will affect households and economies in Asia and the Pacific, and what policy makers can do to soften the blow.