Lao People's Democratic Republic  

Rural communities in the Greater Mekong Subregion are vulnerable to climate-related disasters, such as floods, droughts, and storms. Risk financing can help people protect their livelihood and productive assets better through a combination of risk retention, risk sharing, and risk transfer mechanisms. Photo: ADB.

How Risk Financing Can Help Mekong Farmers Cope with Disasters

Risk financing can help at-risk communities better cope with the economic costs of natural disasters and extreme weather.

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Kampong Phluk commune, Tonle Sap Lake (Cambodia). Photo: ADB.

In recent years, Cambodia and Lao PDR have reported more than 150,000 cases of dengue annually. Photo: ADB.

ADB, Nordic Development Fund Help GMS Counter Climate Change Health Threat

MANILA, PHILIPPINES (5 June 2015) – The Asian Development Bank has approved a pioneering regional technical assistance initiative, with finance from the Nordic Development Fund, to help Cambodia, the Lao People’s Democratic Republic, and Viet Nam respond to climate-induced health threats.

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ADB to Help Mitigate Risk of Floods, Droughts in Lower Mekong Basin

MANILA, PHILIPPINES (7 November 2012) - The Asian Development Bank and Australian Agency for International Development will provide an $87.39 million package of loans and grants to help Lao People's Democratic Republic and Viet Nam pair infrastructure upgrades with community-based disaster risk management and enhanced regional forecasting to improve flood and drought preparedness in the Greater Mekong Subregion.

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