GMS in the News

An Asian Development Bank (ADB) article underscores that collective action helped contribute to combating the coronavirus disease (COVID-19) pandemic, and notes that expanding and deepening cross-border cooperation in Asia and the Pacific will help the region navigate newer economic challenges and the worsening climate crisis. The support that ADB and other development partners have extended to countries in managing the various impact from the pandemic has provided valuable lessons on tackling oncoming threats. 

A partnership between the Asian Development Bank (ADB) and Electricite du Cambodge (EDC), Cambodia’s national power utility, to develop a 100-megawatt (MW) National Solar Park reached a milestone with the park’s first 60 MW solar photovoltaic (PV) power generation plant connecting to the national grid. ADB President Masatsugu Asakawa marked the occasion with a visit to the solar park on 11 November, during which he initiated the start of power delivery.

It is important for Lao PDR to have their own experts that know how to survey, monitor, understand and protect their food system. Having specialists that understand the context in which Lao plants can be grown and protected helps ensure that crops will be grown in harmony with local environments and communities.

The global community has gathered at Sharm el-Sheikh, Egypt, in November 2022, for the COP27 climate conference 

The COP, or Conference of the Parties, is the key decision-making forum of the United Nations Framework Convention on Climate Change (UNFCCC) that aims to reduce greenhouse gas emissions and address climate change and its impacts.

The first webinar on the Water-Food-Energy (WFE) nexus was conducted on 24 March 2022 to introduce the Nexus concept and discuss the relevance of Nexus trade-offs – these define trade-offs between water, food, and energy security – for stakeholders in GMS countries. The latter confirmed that the Nexus is of high relevance for decision makers and planners in all GMS countries as traditional processes have occurred in sector silos often triggering substantial unintended cross-sector trade-offs.

The 26th GMS WGE Annual Meeting will discuss key challenges and possible solutions for the region in the light of the UN Biodiversity Conference (COP15) and the UN Climate Change Conference (COP26) and in preparation on their pathway to the upcoming COP27 and COP15 in 2022.

The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing industries.