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This brief summarizes major achievements, challenges, and key recommendations from a review of Viet Nam’s payments for forest environmental services (PFES) program. Led by the Center for International Forestry Research and Viet Nam’s Ministry of Agriculture and Rural Development, with support from the GMS Core Environment Progra...

MANILA, PHILIPPINES — Six leading multilateral development banks (MDBs) provided almost $24 billion worldwide in financing in 2013 for projects in developing and emerging economies that address the challenges of climate change, according to the third annual joint MDB report on climate finance. The report, released today, demonstrates the shared engagement expressed by the six MDBs last week to r...

Since 2011, Viet Nam’s payments for forest environmental services (PFES) program has generated $140 million for rural households to protect around 4 million hectares (40%) of the country’s forests.

This ADB e-news product provides readers with an update on activities and major developments in pursuit of accelerated development of the countries sharing the Mekong River.

MANILA, PHILIPPINES — The world’s six multilateral development banks today reaffirmed their shared commitment to lead by example by continuing to reinforce and further develop climate financing through a joint statement issued in advance of the United Nations Secretary-General’s Climate Summit being convened in New York on 23 ...