Authorities of the Mekong Delta province of Tra Vinh on July 25 launched a project worth 521 billion VND (24.5 million USD) to strengthen local people’s ability to adapt themselves to climate change.
Funding includes 233.5 billion VND in loans from the International Fund for Agricultural Development (IFAD), 126.5 billion VND in non-refundable aid, 79.5 billion VND from the Government’s capital and 81.5 billion VND contributed by local people.
The project targets sustainable livelihood for disadvantaged people living in rural areas who are most venerable to climate change and natural disasters.
From 2014 to 2020, it will be implemented in 30 communes of Tra Vinh’s seven districts to build climate change adaptation facilities, work out socio-economic development plans, implement sustainable agricultural production models suitable with salinity levels, and small-scale financial funds to provide capital to the poor.
The project is expected to benefit 15,000 low-income households.
Tra Vinh is among the localities most vulnerable to climate change in the Mekong Delta. The locality usually suffers a large number of eddies, floods, salt intrusion and rising sea levels every year.
The United Nations’ IFAD has financed Vietnam since 1991 with low-interest 40-50- year loans that have been earmarked for farmers, fishermen, disadvantaged women and ethnic communities.-VNA
Funding includes 233.5 billion VND in loans from the International Fund for Agricultural Development (IFAD), 126.5 billion VND in non-refundable aid, 79.5 billion VND from the Government’s capital and 81.5 billion VND contributed by local people.
The project targets sustainable livelihood for disadvantaged people living in rural areas who are most venerable to climate change and natural disasters.
From 2014 to 2020, it will be implemented in 30 communes of Tra Vinh’s seven districts to build climate change adaptation facilities, work out socio-economic development plans, implement sustainable agricultural production models suitable with salinity levels, and small-scale financial funds to provide capital to the poor.
The project is expected to benefit 15,000 low-income households.
Tra Vinh is among the localities most vulnerable to climate change in the Mekong Delta. The locality usually suffers a large number of eddies, floods, salt intrusion and rising sea levels every year.
The United Nations’ IFAD has financed Vietnam since 1991 with low-interest 40-50- year loans that have been earmarked for farmers, fishermen, disadvantaged women and ethnic communities.-VNA
