The Vietnam Environment Protection Fund (VEPF) under the Ministry of Natural Resources and Environment (MoNE) on November 3 held a seminar on the Clean Development Mechanism (CDM) to help more businesses approach investment capital sources for environmentally sustainable projects.
Attending the event were representatives from VEPF, MoNE and the World Development Organisation of the Czech Republic, along with State management agencies, international organisations and businesses investing in the projects.
At the event, the representatives proposed the establishment of an information dissemination programme for CDM and asked the ministries, departments and localities to integrate the CDM into their development strategies. The VEPF was also asked to provide more legal documents, creating favorable conditions for businesses to implement CDM projects.
VRPF is the state financial organisation which specialises in mobilising international and domestic financial resources to support environmental protection projects. So far, the fund has pledged a loan worth 521 billion VND and donated 21 billion VND.
On September, 2002 since Vietnam signed the Kyoto Protocol, it has been considered as one of 10 countries that have a potential for the implementation of CDM.
CDM is one of the Kyoto Protocol’s flexibility mechanisms, aiming to assist developing countries achieve sustainable development as their economies expand and to help developed countries achieve their emission reduction targets./.
Attending the event were representatives from VEPF, MoNE and the World Development Organisation of the Czech Republic, along with State management agencies, international organisations and businesses investing in the projects.
At the event, the representatives proposed the establishment of an information dissemination programme for CDM and asked the ministries, departments and localities to integrate the CDM into their development strategies. The VEPF was also asked to provide more legal documents, creating favorable conditions for businesses to implement CDM projects.
VRPF is the state financial organisation which specialises in mobilising international and domestic financial resources to support environmental protection projects. So far, the fund has pledged a loan worth 521 billion VND and donated 21 billion VND.
On September, 2002 since Vietnam signed the Kyoto Protocol, it has been considered as one of 10 countries that have a potential for the implementation of CDM.
CDM is one of the Kyoto Protocol’s flexibility mechanisms, aiming to assist developing countries achieve sustainable development as their economies expand and to help developed countries achieve their emission reduction targets./.
