Major expansion in the Greater Mekong Subregion power sector will bring added environmental and social pressures, and more attention needs be paid to incorporating greater sustainability into the power planning process.
This edition of the GMS e-Updates features the 20th GMS Ministerial Conference held on 9-10 September in Nay Pyi Taw, Myanmar.
Natural capital has been a key contributor to the Greater Mekong Subregion’s rapid economic growth over the past 3 decades or so, but key natural capital stocks are in a state of decline.
The Greater Mekong Subregion Urban Development Strategic Framework, 2012–2022, sets out a broad framework to encourage and facilitate a coordinated approach to the development of urban areas throughout the GMS.
Timely availability of information, data, and indicators at the country and project levels allows for the measurement of progress – the achievement of policy objectives, as well as impacts and outcomes of target-driven projects.
The Greater Mekong Subregion Transport and Trade Facilitation Action Program (TTF-AP) is an integrated program of advisory support and capacity building focused on enhancing cross-border transport and trade in the subregion.
Strategic environmental assessments may be used to compare different energy scenarios, and a more sustainable power plan can be developed by incorporating the wider impacts considered during the assessment process.
Sustainable development encompasses environment, social, and economic dimensions and a wide range of possible indicators could measure the changes in the degree of protection against danger, damage, or loss.
Investments in renewable energy and energy efficiency generate benefits to society as a whole that cannot be fully reflected in investment returns, leading thereby to underinvestment by the private sector.
Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.