Partnerships and Opportunities for a New Green Forest Economy in Lao PDR

Partnerships and Opportunities for a New Green Forest Economy in Lao PDR
Author: World Bank Group
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

Lao People's Democratic Republic (Lao PDR) has a comparative advantage in natural capital, which has fueled economic growth averaging around 8 percent per annum since 2000. The natural resource endowment comprises half of the country's wealth. Although forest cover declined 3.6 percent between 2005 and 2015, Lao PDR still has among the highest forest cover percentage of countries in the region, and the value of timber and non-timber forest products is 10,740 US Dollars per capita. Inefficiencies, including overuse, under-budgeting, and unsustainable and unscientific management, have led to a reduction in forest cover, natural wealth, and public revenues. Lao PDR's recent policy reforms, institution-building and community engagement aim to build a new foundation to sustain the Lao forest estate and the people and sectors that depend on it, including for tourism, agriculture, energy, water, fisheries, and wood products. Lao PDR's ambitious forest sector reforms aim to achieve financially and environmentally sustainable, resilient, and inclusive economic growth, especially through credible private sector investors. This reform agenda accompanies the Government of Lao PDR's (GoL) plan to expand forest cover to 70 percent from the current 58 percent, which will help to reduce poverty, create green jobs and livelihoods, support local industry and expand participatory sustainable forest management (SFM) and forest restoration, as well as to meet Lao PDR's Nationally Determined Contribution (NDC) to climate action. Auspiciously, credible private sector commercial plantation investors are also starting to scale up investment in the country.

Partnerships and Opportunities for a New Green Forest Economy in Lao PDR

Partnerships and Opportunities for a New Green Forest Economy in Lao PDR
Author: International Finance Corporation
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

Lao People's Democratic Republic (Lao PDR) has a comparative advantage in natural capital, which has fueled economic growth averaging around 8 percent per annum since 2000. The natural resource endowment comprises half of the country's wealth. Although forest cover declined 3.6 percent between 2005 and 2015, Lao PDR still has among the highest forest cover percentage of countries in the region, and the value of timber and non-timber forest products is 10,740 US Dollars per capita. Inefficiencies, including overuse, under-budgeting, and unsustainable and unscientific management, have led to a reduction in forest cover, natural wealth, and public revenues. Lao PDR's recent policy reforms, institution-building and community engagement aim to build a new foundation to sustain the Lao forest estate and the people and sectors that depend on it, including for tourism, agriculture, energy, water, fisheries, and wood products. Lao PDR's ambitious forest sector reforms aim to achieve financially and environmentally sustainable, resilient, and inclusive economic growth, especially through credible private sector investors. This reform agenda accompanies the Government of Lao PDR's (GoL) plan to expand forest cover to 70 percent from the current 58 percent, which will help to reduce poverty, create green jobs and livelihoods, support local industry and expand participatory sustainable forest management (SFM) and forest restoration, as well as to meet Lao PDR's Nationally Determined Contribution (NDC) to climate action. Auspiciously, credible private sector commercial plantation investors are also starting to scale up investment in the country.

Lao PDR's Nationally Determined Contribution (NDC)

Lao PDR's Nationally Determined Contribution (NDC)
Author: Vongvisouk, T.
Publisher: CIFOR
Total Pages: 8
Release: 2020-02-24
Genre:
ISBN:

Key messagesLao People's Democratic Republic (hereafter "Lao PDR") was the first country in Asia to submit its NDC, doing so in September 2015. Building on national development and environmental protection policies, the country aimed to make full use of existing institutional capacity and financial resources, and embed NDC targets in existing policies and planning.To date, NDC results have been mixed. The initial target for 90% of the rural population having access to electricity has already been exceeded with the figure now at 95%, while the forestry target of 70% forest cover has yet to be achieved.Political commitment is strong. The Government designated the Department of Climate Change (DCC) under the Ministry of Natural Resources and Environment (MoNRE) to become the national focal point for coordinating NDC implementation in Lao PDR. The Government has also issued a number of related laws and regulations, such as the new forestry law in June 2019 and the Decree on Climate Change in September 2019.Major challenges impeding the country's efforts to achieve its forestry sector NDC targets are persistent and similar to those identified 10 years ago. These are: policies and measures to address major drivers of deforestation and forest degradation not being fully implemented on the ground; poor coordination between key sectors; a lack of accurate and available data and credible methodologies for measuring outcomes; inadequate institutional arrangements for sustainable forest management and community participation; as well as a lack of available funds for implementing proposed activities.In order to achieve and enhance current NDC target ambitions, policies, measures and enabling conditions for transformational change (e.g. funding availability, national ownership, cross-sector collaboration, results-based payment mechanisms, and clarity over carbon and non-carbon benefits) need to be in place.Knowledge gaps that need addressing in order to provide credible evidence for the Government and donors to revise and adapt NDC targets, and better implement the NDC include: rigorous impact assessments of existing policies and initiatives on forest protection and development outcomes; and an integrated sectoral assessment on how realistic and feasible NDC targets could be achieved in supporting the National Green Growth Strategy and Sustainable Development Goals by mainstreaming Climate Change into national socio-economic development plans, vis-à-vis Paris Agreement ambition targets in each period.

Public-Private-People Partnerships in Lao PDR Forestry Sector

Public-Private-People Partnerships in Lao PDR Forestry Sector
Author: Weltbankgruppe
Publisher:
Total Pages:
Release: 2021
Genre:
ISBN:

Successive national socio-economic development plans have identified the private sector as the main engine of growth and the government of Lao PDR (GoL) is committed to fostering a transition to a private-sector-led market economy. In line with that approach, the GoL has pursued an increased role of public-private-people partnerships (PPPPs). However, the GoL's ambitions are challenged by: no approved PPPP policy; there are still gaps in legal and institutional frameworks; there is a lack of a dedicated funding mechanisms to fund project development costs; there is no formalized mechanism to provide GoL technical and financial support; the institutional capacity is weak; and protracted approval processes are required to the highest levels of Government. As a result, few PPPP projects have been developed and implemented by GoL agencies. This policy note therefore lays out a path to achieve the long-term objectives of the GoL and the detailed policy actions required to realize its vision for PPPPs.

Hand-In-Hand Initiative Lao People’s Democratic Republic concept note

Hand-In-Hand Initiative Lao People’s Democratic Republic concept note
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Total Pages: 41
Release: 2022-01-17
Genre: Political Science
ISBN: 9251355800

The Hand-in-Hand Initiative (HHI) was launched by the Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, to help tackle the slow and negative trends in achieving the SDG targets, in particular the persistence of extreme poverty, hunger and malnutrition. The evidence-based, country-led and country-owned Initiative seeks to accelerate the agricultural transformation and sustainable rural development and brings an innovative approach to partnering through match-making. Countries and their partners are empowered through sophisticated data sharing and model-based analytics to improve the targeting of policies, innovation and investment. HIHI is an inclusive process that aims to build partnerships, alliances and synergies among public and private actors, as well as the international development partners for the goals of eradicating poverty and hunger and reducing inequalities. It will channel the required resources – technical, financial, institutional and human capital – to where they are needed the most and where the potential for reaching the SDG 1, SDG 2 and SDG 10 targets is greatest. On the occasion of the FAO Director-General’s visit to Lao PDR in March 2020, the HIHI was discussed as an opportunity to address key impediments to achieving the SDG1, SDG2 and SDG10. The Government of Lao PDR (GoL) suggested the HIHI be implemented in the emerging economic corridor along the Lao-China railway line. This key national infrastructure connects the country with the world’s largest market, China and other countries in ASEAN – the Association of Southeast Asian Nations. HIHI enhances the capacity of previously isolated communities to effectively and sustainably take advantage of the emerging opportunities afforded by the railway. This concept note highlights a general approach and process to address key impediments to achieving SDG 1, 2 and 10 targets in Lao PDR. It intends to generate support, partnership and engagement from a wide range of new and traditional partners such as the private sector, international agencies, resource partners and the target communities themselves. The proposed approach and framework are not a blueprint but rather a flexible mechanism that will adapt to emerging opportunities and partnerships, building synergies with relevant ongoing and planned initiatives.`

Lao People’s Democratic Republic: Agriculture, Natural Resources, and Rural Development Sector Assessment, Strategy, and Road Map

Lao People’s Democratic Republic: Agriculture, Natural Resources, and Rural Development Sector Assessment, Strategy, and Road Map
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 83
Release: 2018-12-01
Genre: Political Science
ISBN: 9292614657

This publication explains the evaluation and strategic investment priorities of the Government of the Lao People's Democratic Republic and the Asian Development Bank (ADB) in the agriculture, natural resources, and rural development sector. It highlights sector performance, priority development constraints, government plans and strategy, other development partner support, and ADB's past experience and future sector strategy. The country partnership strategy of ADB is also discussed and updated as strategic developments and program changes occur. Other background information about the sector for ADB's investment and technical assistance operations are also provided.

OECD Development Pathways Multi-dimensional Review of Lao PDR Financing Sustainable Development

OECD Development Pathways Multi-dimensional Review of Lao PDR Financing Sustainable Development
Author: OECD
Publisher: OECD Publishing
Total Pages: 330
Release: 2024-06-06
Genre:
ISBN: 9264327789

Lao People’s Democratic Republic (Lao PDR) has made significant headway on its development path over the past three decades. The country’s sustained economic growth has been led by booming commodity exports and substantial inflows of external financing. Many Laotians have seen significant improvements in their well-being. Poverty has declined as household income has increased, and many important development goals in education and health have been achieved. In the face of macroeconomic challenges, a shift from commodity-driven growth to a more inclusive prosperity paradigm that emphasises the creation of broad-based opportunities, human capital development and green sustainability can unlock Lao PDR’s future development. This report presents priorities for overcoming the country’s current fiscal constraints and finding ways to fund this shift. Recommendations address strengthening Lao PDR’s sustainable finance and debt management, revenue generation and tax reform, investment promotion, and data capacity in order to tap into green finance mechanisms.

Handbook on the Economics of Ecosystem Services and Biodiversity

Handbook on the Economics of Ecosystem Services and Biodiversity
Author: Paulo A L D Nunes
Publisher: Edward Elgar Publishing
Total Pages: 609
Release: 2014-06-27
Genre: Business & Economics
ISBN: 1781951519

In recent years, there has been a marked proliferation in the literature on economic approaches to ecosystem management, which has created a subsequent need for real understanding of the scope and the limits of the economic approaches to ecosystems and

Enhancing Livelihoods in Lao PDR Through Environmental Services and Planted-timber Products

Enhancing Livelihoods in Lao PDR Through Environmental Services and Planted-timber Products
Author: Stephen J. Midgley
Publisher:
Total Pages: 100
Release: 2012
Genre: Agroforestry
ISBN: 9781922137104

This report provides an exploration of the concept of payments for environmental services (financial benefits to land managers who, through improved practices, enhance environmental services such as carbon sequestration, protection of water quality and biodiversity conservation) and the value chains for wood products in Lao PDR. Both these topics are intrinsically linked by their focus on the forests of Laos and their aim of improving livelihoods for thousands of Lao people, many of whom live below the poverty line. The report recommends researchable issues and how these could be tackled.