City budgets $3.3b for climate change plan
CM City has earmarked VND70.54 trillion ($3.3 billion) for 36 projects to mitigate the effects of climate change, which is expected to severely affect the city.
Based on assessments of the impacts, HCM City will have action programmes in various phases to ensure they do not impact development.
It will focus on developing an energy-efficient economy as a cornerstone of its efforts to combat climate change.
It will also rely on international co-operation to take measures against climate change.
Scientists fear HCM City will be one of 10 worst-hit cities in the world in case of climate change.
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