Prime Minister Nguyen Tan Dung has approved the use of 3.9 million USD from Official Development Assistance (ODA) capital for a project on building capacity and institutional reform for green and sustainable development in Vietnam.

The Ministry of Planning and Investment (MPI) is in charge of the 4.1 million USD project, which is co-funded by the United States Agency for International Development (USAID) and the Global Low Emission Capacity Building Programme of UNDP and the EU (EU-UNDP LECB), via the UNDP.

The goal of the project is to improve the MPI’s capacity concerning guidance, supervision, assessment, verification, report and re-examination of the implementation of the Strategy and Plan of Action for Green Growth.

Strengthening the coordination between Vietnamese agencies and international organisations and development partners is another aspect the project will work on.

The project also aims to improve technical capacity for the MPI, the Ministry of Finance, the Ministry of Transport and some selected provinces, so that they can integrate green growth into the process of planning and budgetary estimation at ministerial and provincial level.

Through the project, policy-makers and businesses will be able to raise knowledge and awareness on green growth and sustainable development.-VNA