This report aims to document the current economic status of biodiversity in Lao PDR, and to use this information to identify needs for the use of incentives, financing mechanisms and other economic measures in the National Biodiversity Strategy and Action Plan. It therefore responds to the call in the Article 7 of the Convention on Biological Diversity for Parties to identify and monitor components of biodiversity that are economically valuable or important, as well as pointing to the way in which economic incentive measures (Article 11) and financing mechanisms (Articles 20 and 21) can be used in support of biodiversity.