VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (7 September 2018) — The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement for a $40.5 million grant for the Climate-Friendly Agribusiness Value Chains Sector Project that will help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the country.
Environment
In the Greater Mekong Subregion, 200 million people in rural areas depend on their surrounding environment for food, water, energy, and income. Forests, wetlands, mangroves, farmlands, and other ecosystems account for between 20% and 55% of the subregion's wealth.
The Working Group on Environment (WGE) provides overall leadership and direction for the subregion's Core Environment Program.
These natural ecosystems – and the food, water, energy and other vital elements they provide – lie at the heart of the development of the Greater Mekong Subregion. How these natural resources are protected, managed, and enhanced will determine the long-term sustainability of its environment and economic development.
Overexploitation of natural resources, pollution, vulnerability to climate change, and ever-increasing natural disasters are threatening these ecosystems. In addition, environmental degradation is posing risks to sustained long-term growth, and could cost a whopping $55 billion in foregone services over the next 25 years if left unchecked.
Unless there is better planning and management, the subregion’s resource-intensive development approach could lead to food shortages, price shocks, health hazards, and environmental damage that impact thousands of families and put businesses at risk.
To address these issues, the six GMS countries are partnering to protect and enhance their natural capital through the GMS Core Environment Program with the vision of a poverty-free and ecologically rich subregion.
The program is administered by the Asian Development Bank and overseen by the GMS Working Group on the Environment, made up of representatives of the GMS environment ministries. The work is coordinated by the GMS Environment Operations Center, which is hosted by ADB’s Thailand Resident Mission.
With support from this program, countries in the Greater Mekong Subregion are working to meet the increasing demand for food, energy, water, and other natural resources, while at the same time ensuring that resources are available for future generations. This includes balancing rapid growth with sustainable practices, and protecting vital water resources, controlling floods, preserving biodiversity and critical ecosystems, and mitigating the impacts of urban expansion.
At the 5th GMS Environment Ministers' Meeting in Chiang Mai from 30 January to 1 February 2018, the ministers endorsed the Core Environment Program Strategic Framework and Action Plan 2018-2022.
Related
Focal Persons at the Asian Development Bank
- Srinivasan Ancha
Environment, Natural Resources and Agriculture Division,
Southeast Asia Department - Pavit Ramachandran
Environment, Natural Resources and Agriculture Division,
East Asia Department
Other Concerned Staff & Consultants
- Rhodora Concepcion
Thailand Resident Mission,
Southeast Asia Department - Rafaelita Jamon
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department/GMS Secretariat
Send inquiries to GMS Secretariat.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (31 July 2018) — The Asian Development Bank’s Board of Directors has approved a $40.5 million grant to help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the Lao People’s Democratic Republic.
Applying the Industrial Pollution Projection System is an important first step toward mainstreaming pollution concerns into strategic planning in the Greater Mekong Subregion.
Cambodia and the Lao People’s Democratic Republic have agreed to strengthen joint efforts to fight illegal fishing practices and increase fish stock in the Mekong-Sekong basin.
High upfront costs and lack of incentives impede fuel efficiency initiatives in road freight in the Greater Mekong Subregion.
Increasing investments in natural capital requires a proper accounting of its economic value for informed policy and decision-making.
Myanmar is putting in place a national safeguards system to better balance rapid economic growth and environmental sustainability.
Government and development partners talk about the importance of environmental cooperation in the Greater Mekong Subregion and the GMS Core Environment Program.
This introduces the green freight approach, which helps improve fuel efficiency and reduce carbon emissions of the transport sector.
The new 5-year strategy will focus on three priority thematic areas: green technologies and sustainable infrastructure, natural resources and ecosystem services, and climate resilience and disaster risk management.