Date of Release:
Mar 28 2016
The government of Lao PDR is preparing legislation for a scheme that will see industrial enterprises pay for the pollution they cause.
A Presidential Provision on Environmental Tax is expected to be submitted to the President’s Office this year and if approved will give a legal mandate for a ‘polluter pays’ scheme that aims to incentivize industries to adopt cleaner technologies and practices. Proponents also hope it will generate enough revenue to help develop a national pollution monitoring system as well as mitigate or offset some of the environmental damage from pollution.