Laos creates fund to cope with climate change
VIENTIANE (Vientiane Times/ANN) – The government has established a new fund designed to strengthen Laos’ capacity to address and cope with climate change threats.
According to the Prime Ministerial Decree on Climate Change, which was published in the Lao National Gazette on October 17, the fund is a part of the Environment Protection Fund, which was set up under the Law on Environment Protection.
The money for the fund will be sourced from international funding relating to climate change as well as other revenue sources, the Prime Minister’s Decree on Climate Change, which was signed and stamped on September 18, states.
Ekaphone Phouthonesy
