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NEWS UPDATES Asean Affairs   13 August 2013  

World Bank aids Laos' forests with $31 million-grant

The World Bank has signed a grant agreement of $31.83 million to aid the Government of Lao People's Democratic Republic's sustainable forest management project.

The $31.83 million grant agreement is for Laos' Scaling-Up Participatory Sustainable Forest Management Project, which aims to achieve in the expansion of areas under approved Participatory Sustainable Forest Management plans, as well as development and piloting of a landscape approach to forest management, is in support of REDD+ to further avoid unnecessary loss of forest and increase carbon storage.

In addition, the project also aims to increase the number of people with monetary and non-monetary benefits from forests, decrease the rate of forest cover loss, enhance carbon storage from improved protection and forest restoration, and reduce emissions from deforestation and forest degradation in project areas.

The grant given by the World Bank consists of $19 million from the International Development Association, while the remaining $12.83 comes from the Forest Investment Program under the Strategic Climate Fund Trust Fund.

“Strengthening sustainable natural resources management, in particular sustainable forestry management, is one of the key objectives of the World Bank Group's Country Partnership Strategy 2012 – 2016 in Lao P.D.R.,” said Mr. Constantine Chikosi, vice minister of the Ministry of Finance for the Lao P.D.R. and acting country director for the World Bank to Lao P.D.R.

“We are committed to supporting the Government of Lao P.D.R.'s Forestry Strategy and scaling-up participatory sustainable forest management is one way in which we are providing that support,” he added.

The grant follows Laos' Forestry Strategy to the year 2020, with the goal of improving the quality and quantity of forested areas, as well as generate a sustainable stream of forest products. – EcoSeed Staff

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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