ADB approved $36.5 million loan and grant for the Lao PDR in 2012 to improve the country’s capacity and preparedness to manage and mitigate the impacts of flood and drought through the Greater Mekong Subregion Flood and Drought Risks Management and Mitigation Project in Vientiane capital and provinces of Khammouan and Savannakhet.
ADB has been helping to protect biodiversity conservation corridors in the Lao PDR since 2006 through a range of conservation and protection activities. In 2011, ADB approved $20 million grant for the BCC project. The project helped restore, protect, and manage biodiversity corridor sustainably. In 2016, ADB approved additional grant financed by the Climate Investment Funds through its Forest Investment Program to help manage the biodiversity corridors and scale up activities to stop deforestation and forest degradation in the country.
Electricity demand in Viet Nam is expected to grow at 8% annually through to 2030. Meeting this demand will require increasing power generation capacity and developing more renewable sources of energy. Building the infrastructure to generate and transmit the extra energy capacity will require significant amounts of financing and strong collaboration.
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
