Guided by its philosophy of gross national happiness, Bhutan achieved strong growth during 1981–2011, and its per capita gross domestic product more than quintupled, with hydropower as the main growth driver. The government’s conscious efforts to invest in socioeconomic programs have helped...

The research was undertaken to better understand the current policy and plans of the Cambodian government for the electricity sector; map the decision-making process; develop a greater understanding of the key actors involved; outline the extent of Chinese investment in Cambodia’s...

Bhutan’s rapid growth has been underpinned by hydropower sector development with donor support. However, fiscal policy should be tightened to address overheating, and spending and revenue reforms are needed to bolster the fiscal framework. Executive Directors suggested to adopt multiyear...

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions and academia. The authors present case studies of overseas projects funded by Chinese, Indian...