Over half a century ago, Lao PDR began its journey to become a modern nation and committed itself to long-term development ambitions. It has delivered electricity, schools, roads, and has become an important energy exporter.
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Bank Group ContributionOver the past decade, the Bank (IBRD/IDA) committed funding for US$33 billion, from which IDA’s contribution was US$7.7 billion (23 percent) to support investment in environment... Show More + and natural resource management (ENRM). By far, climate change has been the fastest growing ENRM area where the Bank is supporting client countries. Other areas that have significantly expanded in the last five years are environmental policy and institutions, and water resource management. As for the types of funding provided over the decade, development policy lending accounted for 30 percent and investment lending 70 percent of the Bank’s ENRM portfolio. The trend is in favor of development policy lending that increased to 33% of the ENRM portfolio in the last five years (FY09-13).In addition to funding ENRM projects directly, IDA has leveraged additional funds through the Global Environment Facility (GEF) and other agencies and organizations. Specifically, the GEF provides grants to ID Show Less -
BANK CONTRIBUTIONThe AGI program is supported by US$ 20 million from the Adolescent Girls Initiative Multi-Donor Trust Fund.PARTNERSThe Bank’s partners in the AGI are the Nike Foundation and... Show More + the governments of Afghanistan, Australia, Denmark, Jordan, Lao People’s Democratic Republic, Liberia, Nepal, Norway, Rwanda, Southern Sudan, Sweden, and the United Kingdom.BENEFICIARIES“This is our chance to be independent. This is my chance to learn new things, and be a leader in my community—and one day teach other girls. We can’t allow our fear to overcome us."— Princess Sheriff, New Kru Town, Liberia "Before I went into the program, I didn’t know what to expect. I didn’t know how to communicate well. I didn’t know how a CV is done. Now, I know how to meet with Human Resources and I know how to negotiate.”— Borhan , Irbid, Jordan"It is an incredible experience and opportunity for me. My project focuses on manufacture of Lao traditional handicrafts and giving job op Show Less -
Bank Group ContributionThe World Bank acted as the trust fund administrator and contributed additional resources for product supervision.Partners ContributionThe total cost of the project was $ 7.6 million... Show More + and was financed through a multi donor partnership.The National Implementation Unit, under the Department of Planning and Cooperation (of the Ministry of Industry and Commerce), was responsible for coordinating activities financed by the project.The Ministry of Industry and Commerce, along with development partners, established the Trade Development Facility as the principle mechanism for financing the implementation of the trade and integration action matrix via a Multi Donor Trust Fund. The trust fund consisted of the contributions from the European Union, Australia, and GermanyMoving ForwardLao PDR now has the key building blocks to manage and implement an effective aid-for-trade program. It has an enlarged capacity and is largely motivated for the next phase of the program Show Less -