The first Friends of the Mekong Policy Dialogue under the new Mekong-U.S. Partnership was convened by the United States of America (USA) and Viet Nam on 12 January 2021.
25th Annual Meeting of the GMS Working Group on Environment (WGE AM-25)
Cambodia, Lao PDR, and Viet Nam (CLV) Leaders expressed their firm commitment to strengthen the CLV Development Triangle Area (DTA) in order to accelerate economic growth, alleviate poverty, and promote socio-cultural progress in the subregion. At the 11th CLV Summit held online on 9 December, they adopted a Joint Declaration that provides a foundation for the subregion’s socio-economic development plan until 2030 and the Tourism Development Plan. They also adopted the Development Plan for Sustainable Rubber Industry.
The 24th GMS Ministerial Conference (MC-24) was held on 4 November 2020 with the theme “Pave the way to a more integrated, inclusive, sustainable and prosperous GMS.”
The 6th ASEAN Finance Ministers and Central Bank Governors’ Meeting held virtually on 2 October acknowledged ADB’s efforts in operationalizing the ASEAN Catalytic Green Finance Facility (ACGF) as a platform for ASEAN green infrastructure under the ASEAN Infrastructure Fund (AIF).
The Governments of Cambodia, Lao People’s Democratic Republic (PDR), Myanmar, Thailand, and Viet Nam, and the United States of America (US), launched the Mekong-US Partnership and held its first Ministerial Meeting on 11 September 2020. The partnership builds on the US-Mekong cooperation developed through the Lower Mekong Initiative.
The 10th Mekong-Republic of Korea (RoK) Foreign Ministers’ Meeting was held on 28 September online, with the participation of Cambodia, Lao PDR, Myanmar, Thailand, Vietnam, and the RoK. The meeting highlighted achievements in cooperation on infrastructure, information technology, education, agriculture, environmental protection, and water resources management, and adopted the action plan for 2021-2025.
BANGKOK, THAILAND (28 October 2020) –The 11th The Greater Mekong Subregion (GMS) GMS Economic Corridors Forum was held today under the theme “Boosting Competitiveness, Connectivity, and Community in the GMS Economic Corridors through Focused and Integrated Spatial Development” with the Asian Development Bank (ADB), Secretariat to the GMS Economic Program. The Forum serves as a key platform that crystalizes thinking and experiences from all six member countries on spatial development with focus on successes and potential areas for developments in economic corridor connectivity, regional economic integration, and safe and sustainable community-building. The meeting yielded valuable discussions that helped pave the way for strengthening the GMS cooperation for the future.
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.