WB-funded Project Supports Green Growth, Climate Change Response

Vietnam’s prime minister has approved a project to support green growth and climate change programs using loans from the World Bank. The project’s objective is to help build and implement policies and strategies, and improve institutions and financial capacity to serve the implementation of the national strategies on climate change and green growth, as well as the Party Central Committee’s resolution on proactively responding to climate change and intensifying natural resources management and environmental protection. Specifically, a policy framework for 2016-2020 will be built and implemented, while policy dialogues between Government organs, non-governmental organizations, development partners and research institutes will be organized. Several measures to reduce greenhouse emissions will be piloted in selected localities. The project will be carried out over five years, with a $90 million loan from the WB’s International Development Association (IDA). (vov.vn Apr 29)