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Forest Management

The green growth crossroads: changing course to fight climate change in Lao PDR

Stephen Danyo's picture

Small, landlocked, and resource-rich Lao PDR has been quietly maintaining its place as one of East Asia and Pacific’s fastest growing economies for nearly 20 years. Since 2000, the average economic growth rate of the country has been nearly 8 percent. This growth has propelled Lao PDR through many positive milestones, including meeting the criteria of Least Developed Country graduation for the first time this year. Meanwhile, poverty declined from 34 percent in 2003, to 23 percent according to most recent data, and incomes for many have risen.