Multilateral development assistance

Cambodia is committed to reinforcing the Mekong-Lancang Cooperation (MLC) diplomatic mechanisms for the benefit of all six member states. Minister of Foreign Affairs and International Cooperation Prak Sokhonn reaffirmed the stance in a press statement on March 24. “Let me reiterate Cambodia’s commitment to reinforcing the MLC ...

The Mekong-Lancang Cooperation (MLC) was established on 23 March 2016. This year marks the Fifth Anniversary of MLC, which comprises of six member countries, namely Lao PDR, Cambodia, Myanmar, Thailand, Viet Nam and China with the objective of promoting and enhancing socio-economic development on the ...

The Blue Book of the Lancang-Mekong Cooperation (LMC) 2020 was released Tuesday in southwest China, marking the fifth anniversary of the establishment of the LMC mechanism. The mechanism was launched by six countries — China, Cambodia, Laos, Myanmar, Thailand, and Vietnam — in 2016. It derives ...

Asian Vision Institute (AVI) and the Embassy of Japan in Cambodia organised a seminar on March 18 to share perspectives on the challenges faced in the Mekong sub-region and look for possible ways forward in order to find solutions to them. Chhem Kieth Rethy, a member ...

The World Bank will provide Vietnam with $86.3 million to support the development of a commercial financing market for investing in industrial energy efficiency. The provision includes a $8.3 million grant used to build private sector capacity to execute energy efficiency projects, the bank said in ...

The UN has suspended climate projects that require working with Myanmar’s military government following the 1 February coup and other international donors may follow suit, four experts have told Climate Home News. “They haven’t officially announced the suspension but there are no more activities,” said a ...

The United Nations (UN) has confirmed that it will continue to support the Lao government under the Cooperation Framework, to enable the government to design a clear strategy for the development of Laos. The Cooperation Framework builds on inputs from all key stakeholders, including the UN ...

The World Bank has announced the 13-month debarment of Germany’s Ferrostall Oil & Gas (FSOG), an engineering, procurement and construction contractor for oil, gas and other industrial plants. It is in connection with an alleged fraudulent practice under the Bank-financed Ayeyarwady Integrated River Basin Management Project in Myanmar. The ...

The World Bank’s Board of Executive Directors today approved a US$57 million project to help Lao PDR promote sustainable forest management, improve protected area management, and enhance livelihoods opportunities in eight provinces across the country. Project funding comes from the World Bank’s International Development Association, ...

The Lao PDR and the World Bank’s Forest Carbon Partnership Facility (FCPF) have signed an agreement to provide up to $42 million between now and 2025 to support the country’s efforts to reduce emissions from deforestation and forest degradation (REDD+). A ceremony today marked the launch of this ...