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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Now a US$ 213 billion industry, environment and natural resource crimes such as poaching, illegal logging and wildlife trafficking are growing every year and putting natural resources at risk. This is... Show More + not just a tragedy for people who love animals or care about the environment. When elephants are slaughtered for their ivory and trees are illegally logged, ecosystems break down. The world’s poorest often bear the brunt of the fallout. And that is where—and why—the World Bank comes into the picture.The Leading Financier in the Fight against Wildlife Crime"75% of the world’s poor live in rural areas, and rely on healthy ecosystems for food, shelter and livelihoods," says Valerie Hickey, Practice Manager, Environment and Natural Resources Global Practice, The World Bank."The World Bank’s goals are to end extreme poverty and boost shared prosperity in a sustainable manner, which is why we’re committed to fighting wildlife crime, and protecting the animals, plants and marine l Show Less -
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 -
IDA Credit: US $12.5 million equivalentTerms: Maturity = 40 years, Grace = 10 yearsIDA Grant: US $4.5 million equivalentGEF Grant: US $6.83 million equivalentProject ID: P128393 Project Description:... Show More + The objective of the project is to strengthen the management systems for national protected areas conservation and for enforcement of wildlife laws. Show Less -
OverviewThe Nam Theun 2 Watershed is comprised of the Nakai Nam Theun National Protected Area (NNT NPA) and two corridors adjacent to other protected areas. It is approximately 4000km2.NNT NPA is the largest... Show More + of Laos’ 23 National Protected Areas and is an important protected inland area in Asia that is marked for conservation.The government is supporting conservationThe NT2 Watershed has been recognized for its unique natural diversity and the government of Lao PDR is applying for the site to be given UNESCO World Heritage status. The Office of the Prime Minister created the Nam Theun 2 Watershed Management and Protection Authority (WMPA) to manage conservation efforts in the area. The Nam Theun 2 Power Company is supporting WMPA with funding (US$1 million annually for 25 years after commercial operations start) and technical management. In turn, the Nam Theun 2 Project has committed to financing the NT2 Watershed protection program for 30 years. Managing the Nakai Nam Theun Nation Show Less -
June 1, 2007—Lao PDR is bringing a watchful eye, backed up by new environmental funding and enforcement, to its rich and diverse but threatened natural resources.To protect its vast forests and many species... Show More + of exotic animals, the government has embarked on an ambitious program of environmental monitoring and management with help from the World Bank, other donors, civil society and NGO partners, and private developers.The newly published “Environment Monitor” describes a series of actions Lao has initiated to manage its resources sustainably. Lao PDR Country Director Ian C. Porter encouraged the Government and civil society to implement these actions to ensure the country “beats the resource curse.”“We are at a crucial point,” Porter said in a speech in Vientiane, the capital. “As it develops, Lao PDR [People’s Democratic Republic] has the opportunity to use its natural resources to spur economic growth in a sustainable way, ensuring environmental and social impacts are well Show Less -