East Asia and Pacific
Rapid economic growth, urbanization, and industrialization combined with an unsustainable use of the natural resource base are leading to degradation of air, water, land, and their related environmental services in the East Asia and the Pacific (EAP) Region. This is threatening sustainable economic development and affecting people’s health and livelihoods. Policy, institutional, and related governance elements have not evolved rapidly enough to cope with rapid changes, nor has the implementation and enforcement capacity of existing systems developed fast enough. Global and regional environmental externalities have rapidly intensified, resulting in a major environmental footprint of the Region. Learn More. Read the Executive Summary in Chinese, Vietnamese.
As part of the overall strategy to address these challenges, the World Bank’s EAP Region will provide analytical support and technical assistance, and facilitate knowledge creation, including South-South collaboration; further develop the regional lending portfolio of environmental and natural resources management operations; expand and deepen the mainstreaming of environmental management in the regional sector lending program; facilitate financing through a combination of global environmental programs, lending products, and other leveraged sources of environmental finance, including the Global Environment Facility (GEF); and further develop the regional climate change portfolio with attention to synergies between emissions reduction, climate adaptation, and disaster risk management. Learn More. Read the Executive Summary in Chinese, Vietnamese.