GMS Contents


An aerial rendering of the SDZ. Photo by the Yunnan Provincial Overseas Investment Co. Ltd.

PRC, Lao PDR Jointly Developing a Low-carbon Demonstration Zone

The Vientiane Saysettha Development Zone (SDZ) is being developed into a low-carbon demonstration model by the Lao-China Joint Venture Investment Co., Ltd. (LCJV). Low carbon demonstration zones hope to address climate change and green and low-carbon transition, and boost regional cooperation with the PRC. 

The watershed of the Nakai Reservoircontains Lao PDR's largest biodiversity area with an outstanding collection of plants and animals endemic to Southeast Asia. Photo by ADB

PRC Firm, Lao PDR Sign MoU for Forest Restoration and Agri Development Study

Jiarun Agricultural Development Co, Ltd., of the People's Republic of China, and the Ministry of Planning and Investment of the Lao People’s Democratic Republic, have signed a Memorandum of Understanding (MoU) on the feasibility study for a forest restoration and ecological agriculture development project. The MoU states that the feasibility study will be conducted for 5,000 hectares of land in Sanamxay district of Attapeu province in southern Lao PDR. The project is envisioned to generate over 50,000 local jobs, promoting the local economy and raising the people's living standards. 

The ACGF Green Recovery Program aims to leverage GCF and ADB funds to catalyze financing from development partners and private capital sources to support more than $4 billion worth of green infrastructure projects across the region.

$300 Million from Green Climate Fund to Support ADB’s First Green Recovery Program in Southeast Asia

The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank's (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic.


Southeast Asia Development Symposium (SEADS) 2021: Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

The Asian Development Bank (ADB) and its partners will collectively zero in on strategies and policy responses that countries can adopt to lay the groundwork for post-COVID-19 recovery at the upcoming Southeast Asia Development Symposium (SEADS) Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery. 

Thừa Thiên-Huế province, Vietnam. Photo by David McKelvey (CC BY 2.0).

GMS Project Enhances Biodiversity Conservation in Viet Nam

The Greater Mekong Subregion Biodiversity Conservation Corridors Project, an Asian Development Bank supported project that was first approved in 2010 and given additional funding in June 2015, has significantly contributed to forest protection in Viet Nam’s Quang Nam, Quang Tri, and Thua Thien-Hue provinces.

The Joint Declaration adopted at the 11th CLV Summit provides a foundation for the socio-economic development plan until 2030. Photo by VNA.

11th CLV Summit Commits to Strengthen Development Triangle Area

Cambodia, Lao PDR, and Viet Nam (CLV) Leaders expressed their firm commitment to strengthen the CLV Development Triangle Area (DTA) in order to accelerate economic growth, alleviate poverty, and promote socio-cultural progress in the subregion. At the 11th CLV Summit held online on 9 December, they adopted a Joint Declaration that provides a foundation for the subregion’s socio-economic development plan until 2030 and the Tourism Development Plan. They also adopted the Development Plan for Sustainable Rubber Industry.  

ASEAN Finance Ministers’ Meeting Highlights ADB’s Efforts in Establishing the ASEAN Catalytic Green Finance Facility

The 6th ASEAN Finance Ministers and Central Bank Governors’ Meeting held virtually on 2 October acknowledged ADB’s efforts in operationalizing the ASEAN Catalytic Green Finance Facility (ACGF) as a platform for ASEAN green infrastructure under the ASEAN Infrastructure Fund (AIF).

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