Environment

20-year-old fund helps protect environment, reduce pollution

The Vietnam Environment Protection Fund (VEPF) has contributed importantly to protecting the environment and reducing pollution over the past 20 years.
20-year-old fund helps protect environment, reduce pollution ảnh 1Ceremony to mark the 20th founding anniversary of Vietnam Environment Protection Fund (Photo: VNA)
Quang Ninh (VNA) – The Vietnam Environment Protection Fund (VEPF) hascontributed importantly to protecting the environment and reducing pollutionover the past 20 years.

Speaking at a ceremony to mark the 20th founding anniversaryof the fund on June 26 in the northern province of Quang Ninh, its DirectorNguyen Duc Thuan said that in the past two decades, VEPF has providedpreferential loans for nearly 400 projects with a total disbursed capital ofnearly 3 trillion VND (129 million USD).

It has also financed over 100 billion VND to help localitiesdeal with post-disaster environmental pollution, received combined deposit amount of 250 billion VND from over 360 projects to ensure the restoration of the environment after the projects are completed, and mobilised a non-refundableaid worth 84 million USD from the Global Environment Fund.

Deputy Minister of Natural Resources and Environment Vo TuanNhan affirmed that the fund has made contributions to the environmentalprotection cause in particular and the development of the natural resources andenvironment sector in general.

The Party and State pursue a consistent policy of promoting socio-economic development in association with environmental protection andimprovement, and ensuring the harmony between the artificial and naturalenvironments.

He asked the fund to contribute more importantly andactively to the country’s environmental protection./.

VNA
#Vietnam Environment Protection Fund #20th founding anniversary #environmental protection #pollution reduction #Vietnam #Vietnamplus #Vietnam News Agency
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