Fighting Poverty by Protecting Landscapes
The Ministry of Agriculture and Forestry and the World Bank have launched a $57 million Lao Landscapes and Livelihoods Project that will generate jobs and income in rural areas by promoting investment in environmentally sustainable and socially-responsible forest and landscape management, and in the preservation of Lao PDR’s natural capital. The project is funded by the Bank’s International Development Association, with contributions from the Global Environment Facility and the Canada-World Bank Clean Energy and Forest Climate Facility.
The project starts at a time when Laos is facing the added economic burden of the COVID-19 pandemic, with GDP growth slowing and poverty increasing by an estimated 1.4-3.1 percent in 2020.
The World Bank
