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Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion
Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion
Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion
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Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion

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Rural communities in the Greater Mekong Subregion (GMS) are vulnerable to climate-related disasters. In 2008, tropical cyclone Nargis killed 84,500 people and impacted the livelihood of 2.4 million people. In 2011, large-scale floods in Thailand affected 14 million people and caused $45.7 billion in damages. This report presents findings of a climate risk financing study conducted by the GMS Core Environment Program in 28 rural communities in Cambodia, the Lao People’s Democratic Republic, and Viet Nam. Learn more about how communities cope with climate hazards, how this study contributes to the knowledge base on rural climate risk financing in the GMS, and how it can become the basis for more comprehensive feasibility studies on climate risk financing.
LanguageEnglish
Release dateMay 1, 2017
ISBN9789292578343
Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion

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    Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion - Asian Development Bank

    Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion

    Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

    © 2017 Asian Development Bank

    6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

    Tel +63 2 632 4444; Fax +63 2 636 2444

    www.adb.org

    Some rights reserved. Published in 2017.

    ISBN 978-92-9257-833-6 (Print), 978-92-9257-834-3 (e-ISBN)

    Publication Stock No. TCS178804-2

    http://dx.doi.org/10.22617/TCS178804-2

    GMS Environment Operations Center

    23rd Floor, The Offices at Central World

    999/9 Rama 1 Road, Pathumwan

    Bangkok 10330

    Tel +66 2 207 4444; Fax +66 2 207 4400

    E-mail: info@gms-eoc.org

    Website: www.gms-eoc.org

    The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

    ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.

    By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

    This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/terms-use#openaccess

    This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.

    Please contact pubsmarketing@adb.org if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.

    Notes:

    In this publication, $ refers to US dollars, D refers to Vietnamese dong and KN refers to Cambodian kip. Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda

    Photos by GMS Environment Operations Center.

    Table of Contents

    Tables, Figures, and Boxes

    Acknowledgments

    This publication was coauthored by Ornsaran Pomme Manuamorn, Sommarat Chantarat, and Duncan McLeod, Asian Development Bank (ADB) consultants for the Greater Mekong Subregion (GMS) Core Environment Program (CEP).

    The authors would like to thank Pavit Ramachandran, senior environment specialist, ADB and project officer for the CEP. The authors also greatly appreciate the peer review of Charlotte Benson, principal disaster risk management specialist, ADB, and Shannon Wang, a former CEP consultant.

    This publication is based on a CEP climate risk financing study led by Sommarat Chantarat. The authors likewise acknowledge the efforts of the many people who made the study possible. Particular thanks

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