The funding mobilised from foreign aid and preferential loans for such projects has aggregated nearly US$1 billion since 2010.
Noticeably, the Danish Government financed a US$40 million programme in
non-refundable aid to help Vietnam increase its climate change
adaptability and ease the impact caused by natural phenomena.
The Ministry of Industry and Trade, MoNRE and the provinces of Quang Nam
and Ben Tre have worked together to ensure the progress of the
programme.
Through policy dialogues, the Support Programme to Respond to Climate
Change (SP-RCC), promoted by the Japanese and French governments, aims
to strengthen activities cutting down greenhouse gas emissions in
Vietnam.
As much as US$270 million was mobilised for the SP-RCC by a number of
foreign sponsors from the World Bank (WB), Canada, the Republic of
Korea, and Australia.
Meanwhile, the US$250 million from the WB’s Clean Technology Fund (CTF)
for the National Investment Programme will target energy saving for
Vietnam’s industrial sector and boost the development of green energy.
The stakeholders have established action plans, focusing on evaluating
the negative impact caused by climate change on technical facilities,
work at sea and on islands and the livelihood of vulnerable groups and
poor people. They have also planned to get all social classes involved
in the activities to respond efficiently to climate change.
News » Headlines
Vietnam effectively uses foreign aid to cope with climate change
The Ministry of Natural Resources and Environment (MoNRE) and other
relevant ministries and localities have effectively implemented
foreign-funded projects to help the country raise its climate change
adaptability.
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