Valuing the benefits of nature-based solutions for IUFM in the Greater Mekong Region

Summary

In this study, national and international experts came together to apply the IUFM approach to 4 case studies in Thailand and Vietnam. The case studies examined sites in 2 major cities – the Sukhumvit district in Bangkok and Tam Phu Park in Ho Chi Minh City (HCMC) – and 2 regional centres – Rayong and Phu Quoc. Each context had unique challenges and opportunities, from the global city and international tourism aspirations of Bangkok and HCMC, to the island economy of Phu Quoc, and Rayong’s role in Thailand’s Eastern Economic Corridor. The case studies illustrated the flexibility of NbS and quantified the economic, social and environmental the value NbS can add to existing infrastructure and strategies.

The project was established by the World Bank and the Australian Government Department of Foreign Affairs and Trade (DFAT), and is implemented by the Cooperative Research Centre for Water Sensitive Cities (CRCWSC) and the International Centre for Environmental Management (ICEM). It is supported by the Australian Water Partnership (AWP) as part of its Australia-Mekong Water Facility.