Lao People's Democratic Republic (Lao PDR) has a comparative advantage in natural capital, which has fueled economic growth averaging around 8 percent per annum since 2000. The natural resource endowment comprises half of the country's wealth. Although forest cover declined 3.6 percent between...

Natural capital in Lao PDR is a major source of wealth for the country and becomes even more strategic in times of economic stress. While forest products directly benefit vulnerable rural communities, ecosystem services from forests support key economic sectors such as energy, agriculture,...