Lao PDR Green Resilient Growth DPO 2

closed

Closed

Most recently, Lao PDR experienced widespread floods between July and September 2018, which significantly impacted its people and economy. To build long-term prosperity, Lao’s growth pattern needs to continue shifting to a better-managed, more diversified and sustainable green growth model. The World Bank is supporting Lao PDR’s green growth transformation through analytic and advisory services and a series of three programmatic green growth development policy operations (GGDPO). The program development objective of GGDPO2 is to achieve fiscal sustainability and financial sector stability, adopt green growth planning and monitoring, and introduce green growth tools and principles in priority sectors. The program’s three pillars complement one another to improve the growth prospects of the country and help make economic activities cleaner, more resource-efficient, and more resilient. Pillar 1 supports economic management actions to address key macroeconomic risks. Pillar 2 establishes policy-level instruments for green growth planning, financing, and monitoring. Pillar 3 aims to incorporate green growth principles in selected sectors, including measures for sustainably using the country’s key natural assets (water, forests, and biodiversity), building resilience of infrastructure to climate risks, and promoting cleaner, more efficient production and consumption by regulating pollution.

FY17 - Agriculture, Fishing and Forestry,FY17 - Public Administration,FY17 - Transportation,FY17 - Water, Sanitation and Waste Management

World Bank Group

Project

Road, Water Supply and Storage, Waste Processing and Treatment, Raw Materials, Government, Commercial