UNLOCKING FISCAL SPACE FOR BIODIVERSITY AND CLIMATE FINANCING IN LAO PDR THE DEBT-FOR-NATURE OPPORTUNITY

UNLOCKING FISCAL SPACE FOR BIODIVERSITY AND CLIMATE FINANCING IN LAO PDR THE DEBT-FOR-NATURE OPPORTUNITY

November 30, 2021

Lao PDR has some of the highest forest coverage among countries of the region, with forest ecosystem services supporting key economic sectors including energy, agriculture, and tourism. Natural capital is a major source of wealth for the country and is crucial to the Lao economy, providing goods and services that are essential to reduce poverty, secure livelihoods, and drive sustainable growth.