The World Bank
Carbon Pricing Aids Vietnam’s Efforts Towards Decarbonization
Vietnam’s rapid economic growth and its increasing energy demand have led to an exponential increase in GHG emissions, leaving the country with the second highest air pollution levels in Southeast Asia in 2019. To meet its development and climate change goals, the new domestic carbon ...
The World Bank Group
End Poverty — Build a More Resilient Economy in Lao PDR
October 17 is the International Day for the Eradication of Poverty, or End Poverty Day as it is often known, one of the most important days on the calendar for people working in governments and development agencies all over the world. Let me be clear: poverty ...
World Bank to Support Land Administration, Titling in Lao PDR
Land holders across Lao PDR, including some of the most vulnerable households, are expected to benefit from improved land administration and titling thanks to a project approved by the World Bank this week. The $31 million Enhancing Systematic Land Registration Project will be run by the government’s Ministry ...
Aiden Glendinning
Lao PDR: Economy Recovers then Falters Again under COVID-19
The Lao economy is on course for moderately improved growth in 2021, despite the second wave of COVID-19 denting the promising economic recovery made early in the year. The World Bank’s latest Economic Monitor for Lao PDR — A Path to Recovery — predicts that GDP growth ...
World Bank
Fighting Poverty by Protecting Landscapes
The Ministry of Agriculture and Forestry and the World Bank have launched a $57 million Lao Landscapes and Livelihoods Project that will generate jobs and income in rural areas by promoting investment in environmentally sustainable and socially-responsible forest and landscape management, and in the preservation of Lao ...
The World Bank
Major Impact from COVID-19 to Thailand’s Economy, Vulnerable Households, Firms: Report
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020 and taking more than two years to return to pre-COVID-19 GDP output levels, according to the World Bank’s latest Thailand Economic Monitor, released today. The COVID-19 pandemic ...
World Bank Thailand
Myanmar: Project to Boost Agricultural Productivity, Support Farmers in Wake of COVID-19
The World Bank’s Board of Executive Directors today approved a $200 million credit from the International Development Association (IDA) to increase agricultural productivity and diversification and enhance market access for Myanmar farmers, with a strong focus on inclusion for smallholder farmers, women and other vulnerable ...
Kyaw Soe Lynn, WB in Myanmar; Nick Keyes, WB in Washington
The Thai economy: COVID-19, poverty, and social protection
The coronavirus pandemic (COVID-19) has touched people from all walks of life. Across Thailand, children have been home from school, employees have been working from home, and business owners have struggled to remain viable. All of us have been learning to conduct our daily lives. ...
KIATIPONG ARIYAPRUCHYAARVIND NAIRJUDY YANGHARRY EDMUND MOROZ
World Bank Group Announces $50 billion over Five Years for Climate Adaptation and Resilience
The World Bank Group today launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an average of $10 billion a year—is more ...
Decline of Global Extreme Poverty Continues but Has Slowed: World Bank
Fewer people are living in extreme poverty around the world, but the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030 and pointing to the need for increased pro-poor investments, the World Bank finds. The percentage of ...
