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Sustainable Hydropower in the Mekong Region

Sustainable Hydropower in the Mekong Region 
Soukmano Manivong believes creating a dedicated environmental and social team would support the successful development of sustainable hydropower projects at his company, Electricite du Lao Generation (EDL-GEN).
In Lao PDR, a majority of hydropower financing comes from overseas financiers. New trend is that banking regulators & associations from the 3 top lending markets are on the move to support banks’ adoption of sustainable-banking practices.
As Myanmar works to build a hydropower sector, IFC experts say involving the private sector from the get-go and drawing from the experience of resource-rich neighboring countries such as Lao PDR will be the right move for the country.
Phonexay Lek is closely connected to the Nam Ou River, one of the Mekong’s most important tributaries. His work entails guiding the province on water resources sector.
In the Mekong region, hydropower development is complex. As discussions about its sustainable development heat up, it is essential to involve the private sector

What's New

 

EVENT

Hydropower Developers' Working Group Business Meeting and Seminar
Date: December 16, 2014
Venue: Vientiane, Lao PDR

 

Newsletter

 

OCTOBER FEATURE: Getting Banks and Regulators on Board Will Support More Sustainable Hydropower Development 

 

Sign up for IFC newsletter on our activities in the hydropower sector in Lao PDR.

 

IFC Promotes Sustainability of the Hydropower Sector in Lao PDR

 

Lao People’s Democratic Republic is one of the least developed countries in Southeast Asia and 28 percent of its population lives below the national poverty line of about $1.50 a day. With more than 80 percent of the country’s hydropower potential untapped, the government has identified hydropower development as key to stimulating economic growth and alleviating poverty.

 

Tapping into this rich natural resource could bring electricity to nearly all rural households by 2020, drive business growth and generate income to reduce poverty. Power supplies would also allow companies to move into rural areas, creating jobs for local communities. The challenge, however, is to develop this natural resource sustainably. [read more] 

 

 

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