Conference on coping with climate change in Vietnam
More than 30 international
organisations joined representatives from various Vietnamese ministries
and agencies at a donors conference on how to cope with climate change
in Hanoi on Oct. 9.
More than 30 international
organisations joined representatives from various Vietnamese ministries
and agencies at a donors conference on how to cope with climate change
in Hanoi on Oct. 9.
Vietnam is especially vulnerable to the negative impacts of climate change, said donors. The country will soon become a middle income nation and be eligible for new and additional official development assistance (ODA) in the form of grants and low interest loans to combat green house gas emissions and adapt to climate change in accordance with the United Nations Framework Convention on Climate Change (UNFCCC), they noted.
The participants focused their discussions on the Government’s requests for help from donors to cope with climate change, the regulations for ODA capital and the management mechanisms to implement these sources of aid.
Deputy Minister of Agriculture and Rural Development Dao Xuan Hoc shared the same view as donors about the necessity to devise a single financial mechanism from central to local levels to avoid waste when implementing projects to adapt to climate change.
Vietnam is putting together a circular to provide guidelines on the use of capital sources when adapting to climate change, he said./.
Vietnam is especially vulnerable to the negative impacts of climate change, said donors. The country will soon become a middle income nation and be eligible for new and additional official development assistance (ODA) in the form of grants and low interest loans to combat green house gas emissions and adapt to climate change in accordance with the United Nations Framework Convention on Climate Change (UNFCCC), they noted.
The participants focused their discussions on the Government’s requests for help from donors to cope with climate change, the regulations for ODA capital and the management mechanisms to implement these sources of aid.
Deputy Minister of Agriculture and Rural Development Dao Xuan Hoc shared the same view as donors about the necessity to devise a single financial mechanism from central to local levels to avoid waste when implementing projects to adapt to climate change.
Vietnam is putting together a circular to provide guidelines on the use of capital sources when adapting to climate change, he said./.