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Policy Brief: ADB Financing Covid-19 Post-Pandemic Economic Recovery 2023

Policy Brief: ADB Financing Covid-19 Post-Pandemic Economic Recovery 2023
  • The COVID-19 pandemic has created much uncertainty for the world and has affected all sectors, either directly or indirectly. Policymakers in different countries have decided to develop different types of policies to respond to the post-COVID-19 economic recovery.
  • The ADB’s financing of COVID-19 post-economic recovery is one of the other policy interventions in Cambodia, especially the Road Network Improvement Project (Road 23/312). Positive and negative impacts that may affect vulnerable populations, degradation of indigenous peoples’ living conditions, or intensifying local social conflicts need to be studied to prevent unintended impacts.
  • The knowledge of community redress mechanisms for communities to give feedback in the context of “green economy policies measures” is still limited.
  • GE and SF are complex, contentious, and conflicting topics, often presented in legalistic and technical language. Based on the KII interviews, several policy gaps have been identified that require attention, including:
    • Lack of awareness of key components of GE as well as SF.
    • The need for a comprehensive debate and increased motivation to promote both concepts.
    • The need for clearer indicators of GE and SF in practice.
    • The lack of a holistic approach and policy coherence.

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