Governance and Financing Mechanisms for Climate Action in the Lao People's Democratic Republic
The Lao People's Democratic Republic is proactively addressing climate change through national strategies and regulations aligned with the Paris Agreement's global objectives. The country’s 9th Five-Year National Socio-Economic Development Plan (2021-2025) emphasizes disaster readiness and resilience-building, reflecting the nation's commitment to climate change mitigation and adaptation. Its National Green Growth Strategy 2030, established in 2019, focuses on reducing vulnerability to disasters, promoting low carbon emissions, and sustainable economic growth.