This year’s Annual Report emphasizes the impacts and accomplishments of EEPSEA’s members, documenting a number of noteworthy achievements. These include examples of policy influence, new courses offered by EEPSEA members and members’ career achievements. Fifteen new projects were funded and five courses offered. With the relocation of EEPSEA’s Deputy Director to Phnom Penh, Cambodia in July 2005, EEPSEA has launched a series of activities in Cambodia, Lao PDR and Vietnam. Since then, we have, inter alia, held a three-week course for Vietnamese professors of environmental economics; followed this with a workshop to develop research projects; offered a course on Research Methods in Environmental Economics for Cambodian and Laotian researchers; launched a seminar series on current issues in environmental economics with the Cambodia Development Resource Institute; and begun to translate EEPSEA Policy Briefs into Khmer and Laotian.