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Lao PDR

Laos is one of eight countries selected by the World Bank (WB) for the Forest Investment Programme, which aims to reduce deforestation and forest degradation and promote sustainable forest management, leading to emission reductions.

Director General of the Ministry of Agriculture and Forestry's Forestry Department, Dr Silavanh Sawathvong, said the programme is a pilot project of the WB, which has provided funding of US$348 million.

Read more: Laos joins fight against climate change

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Vientiane - Laos is one of eight countries selected by the World Bank under its 348-million-dollar Forest Investment Programme, aimed at reducing deforestation to curb climate change, media reports said Wednesday.

'We will receive about 30 million dollars for the implementation of this project in Laos,' director general of the Ministry of Agriculture and Forestry's Forestry Department Silavanh Sawathvong told the state-run Vientiane Times.

Read more: World Bank to give Laos 30 million dollars to combat climate change

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Finland has entered into bilateral development cooperation with Laos PDR. Finnish support to Laos Renewable Energy (RE) is the pioneer step to mark the start. 

The Lao Vice Minister of Energy and Mine, H.E. Somboune Rasasombath, converses about renewable energy in Laos, the strategy and the sound cooperation between the two nations.

Read more: Finland Support Renewable Energy in Laos

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