The report identifies the following top ten priority actions to steer the economy to a more sustainable development path with lower climate and macroeconomic risks.

1. Raise fiscal revenues by lowering exemptions and reforming excise taxes, including fully restoring fuel excise taxes and reforming natural resource tax incentives.
2. Incorporate good practice principles for minimizing fiscal risks into the legal framework for Public Private Partnerships.
3. Strengthen operational arrangements for more efficient and transparent use of disaster risk financing resources.
4. Conduct a catchment-level integrated flood management approach that includes zoning, stricter building standards, wetlands restoration, and riverbank protection.
5. Protect forests by implementing the Action Plan for the Recognition of Land-use Rights in Forestland.
6. Improve standards for dam safety, operations and management, and strengthen their implementation.
7. Improve maintenance and cleaning of urban drains and canals and strengthen regulations on the discharge or urban waste.
8. Develop an integrated program to improve water resource efficiency and modernize irrigation dams.
9. Incorporate physical climate risks into energy-system planning at national and project levels.
10. Improve maintenance of roads and expand road paving in high flood-risk provinces, prioritizing National Road 13 in Champassak.