Solutions in Southeast Asia are closing the plastic loop and creating value from plastic waste. Photo credit: ADB
The United Nations Environment Programme warns that 11 million metric tons of plastics are dumped into the oceans annually and without urgent action, this amount could triple in the next 20 years.
The Asian Development Bank is convening its first Healthy Oceans Tech and Finance Forum on 26-28 January 2022 that will cover 4 thematic tracks: (1) Plastic-free Oceans, (2) Coastal Resilience, (3) Ocean Finance, and (4) Blue Foods.
The ACGF Green Recovery Program aims to leverage GCF and ADB funds to catalyze financing from development partners and private capital sources to support more than $4 billion worth of green infrastructure projects across the region.
The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank's (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic.
The Asian Development Bank (ADB) and its partners will collectively zero in on strategies and policy responses that countries can adopt to lay the groundwork for post-COVID-19 recovery at the upcoming Southeast Asia Development Symposium (SEADS) Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery.
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.
Top row, left to right: Dr. Danucha Pichayanan, Deputy Secretary General, Office of the National Economic and Social Development Council (Thailand); Mr. Liu Weihua, Deputy Director General, Department of International Economic and Financial Cooperation, Ministry of Finance (PRC); Mr. Alfredo Perdiguero, Director, SERC, ADB. Middle row: Mr. Than Aung Kyaw, Director General, FERD, Ministry of Investment and Foreign Economic Relations (Myanmar). Bottom row, left to right: Ms. Sisomboun Ounavong, Director General, Department of International Cooperation, Ministry of Planning and Investment (Lao PDR); Dr. Pham Hoang Mai, Director General, Foreign Economic Relations Department, Ministry of Planning and Investment (Viet Nam); and H.E. Mr. Ros Seilava, Secretary of State, Ministry of Economy and Finance (Cambodia)
A GMS Senior Officials Meeting (SOM) was held on 11 September 2020 via web-based conferencing to review (i) proposed key GMS strategic planning documents and knowledge products, which includes GMS COVID-19 response initiatives and the new long-term strategy for the GMS program, and (ii) preparations for upcoming GMS events—the 11th Economic Corridors Forum (ECF-11), the 24th GMS Ministerial Conference (MC-24), and the 7th GMS Summit (Summit-7).
The Mekong River Commission (MRC) released a Situation Report on conditions in the Lower Mekong River Basin in January-July 2020 identifying possible causes of low flows and drought.
The MRC noted that the Lower Mekong River Basin has experienced record lows for the second consecutive year.
The Beijing Ruentex Environment Technology Group is a designated destination for disposing “medical wastes related to COVID-19” and “domestic wastes related to COVID-19” by the Beijing Municipal Emergency Response Headquarters for COVID-19 Caused Pneumonia. The company developed emergency plans and measures, and scientifically allocated resources for the disposal of epidemic-related medical wastes. Photo by ADB.
2020 began with Thailand implementing a ban on single-use plastic with the aim of reducing plastic waste by 30% this year.
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
