2.75 million USD responding to climate change in Vietnam

The Nordic Development Fund will provide a US $ 2.5 million non-refundable technical assistance managed by the Asian Development Bank (ADB) to help Ho Chi Minh City, Da Nang and the Ministry of Transport. Transportation, Ministry of Industry and Trade and Thanh Hoa province develop plans and effectively implement measures to cope with climate change.

This support will assist the Government of Vietnam 's National Target Program in developing a more sustainable economy for climate impacts and emitting less greenhouse gas emissions.

'This project will help improve the capacity of cities, provinces and ministries that are the project's targets in effectively responding to the impacts of climate change, ' said Ayumi Konishi, ADB's Country Director in Vietnam said.

The project will finance impact assessments to identify risks that economic sectors and communities face due to climate change, along with options to mitigate impacts or adapt to change. climate.

The capacity of key public and private sector agencies will be strengthened, campaigns to raise awareness of the community on climate change will be implemented on the mass media. them.

This support also helps to design projects to reduce greenhouse gas emissions, estimate the total amount of greenhouse gases emitted corresponding to each growth scenario, and establish a database. Greenhouse gas emissions can be updated on a regular basis.

The Vietnamese government will provide counterpart funding of US $ 250,000, bringing the project's total funding to US $ 2.75 million. The Ministry of Industry and Trade is the implementing agency of the project, which is scheduled to start in May 2011 and be completed in May 2013.