Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods

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 we...

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Main Authors:	World Bank, International Finance Corporation
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	ENVIRONMENT AND NATURAL RESOURCES FORESTRY CARBON POLICY GREEN GROWTH GREENHOUSE GAS EMISSIONS NATURAL RESOURCE DEGRADATION SUSTAINABLE FOREST MANAGEMENT
Online Access:	http://documents.worldbank.org/curated/en/706711560546421547/Partnerships-and-Opportunities-for-a-New-Green-Forest-Economy-in-Lao-PDR-SustainingForest-Landscapes-and-Livelihoods http://hdl.handle.net/10986/32019

id	okr-10986-32019
recordtype	oai_dc
spelling	okr-10986-320192021-05-25T09:25:33Z Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods World Bank International Finance Corporation ENVIRONMENT AND NATURAL RESOURCES FORESTRY CARBON POLICY GREEN GROWTH GREENHOUSE GAS EMISSIONS NATURAL RESOURCE DEGRADATION SUSTAINABLE FOREST MANAGEMENT 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. 2019-07-02T19:13:02Z 2019-07-02T19:13:02Z 2019-06-14 Report http://documents.worldbank.org/curated/en/706711560546421547/Partnerships-and-Opportunities-for-a-New-Green-Forest-Economy-in-Lao-PDR-SustainingForest-Landscapes-and-Livelihoods http://hdl.handle.net/10986/32019 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Environmental Study Economic & Sector Work East Asia and Pacific Lao People's Democratic Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ENVIRONMENT AND NATURAL RESOURCES FORESTRY CARBON POLICY GREEN GROWTH GREENHOUSE GAS EMISSIONS NATURAL RESOURCE DEGRADATION SUSTAINABLE FOREST MANAGEMENT
spellingShingle	ENVIRONMENT AND NATURAL RESOURCES FORESTRY CARBON POLICY GREEN GROWTH GREENHOUSE GAS EMISSIONS NATURAL RESOURCE DEGRADATION SUSTAINABLE FOREST MANAGEMENT World Bank International Finance Corporation Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
geographic_facet	East Asia and Pacific Lao People's Democratic Republic
description	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.
format	Report
author	World Bank International Finance Corporation
author_facet	World Bank International Finance Corporation
author_sort	World Bank
title	Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
title_short	Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
title_full	Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
title_fullStr	Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
title_full_unstemmed	Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods
title_sort	partnerships and opportunities for a new green forest economy in lao pdr : sustaining forest landscapes and livelihoods
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/706711560546421547/Partnerships-and-Opportunities-for-a-New-Green-Forest-Economy-in-Lao-PDR-SustainingForest-Landscapes-and-Livelihoods http://hdl.handle.net/10986/32019
_version_	1764475568908140544

Partnerships and Opportunities for a New Green Forest Economy in Lao PDR : Sustaining Forest Landscapes and Livelihoods

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