The Lao People’s Democratic Republic’s reliance on debt financing for the power sector has led to significant economic growth but also severe debt distress. Reforms should focus on improving sector governance, enhancing financial sustainability, and fostering clean energy access.
The study tour and masterclass provided the participants with in-depth understanding and practical knowledge of (i) key energy transition tasks and tools, (ii) technologies and applications to be utilized for renewable energy integration and expansion, (iii) policy frameworks to support energy transition, and (iv) power market development to support energy transition including interstate trades.
The Fifth Meeting of the GMS Task Force on Trade and Investment (TFTI) was held on 10–11 July 2024 in Bangkok, Thailand, attended by more than 40 GMS governmental officials in-person or virtually.
Electric vehicle adoption into the public transport sector is apowerful game changer that can help to cut emissions at densely populated urban centres right across the region.
The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks (e-tuktuks) and related charging stations for micro-scale transit services in Bangkok, Thailand.
The GMs Energy Transition Task Force (ETTF) met in Siem Reap on 4-5 December 2023 to discuss updates and plans related to its work streams, including trends, opportunities and related initiatives in the region.
The meeting agreed on these next steps for 2024.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226