The AMD project will splash out 35 billion VND to support 1,400 households and 168 cooperative groups in Tra Vinh province in climate change adaptation in 2018. (Photo: VNA) Tra Vinh (VNA) – The “Adaptation in the Mekong Delta” (AMD) project will splash out 35 billion VND (1.54 million USD) from the climate change adaptation co-sponsoring fund (CCA) to support 1,400 households and 168 cooperative groups in Tra Vinh province in climate change adaptation in 2018.
According to Huynh Nghia Tho, Director of the AMD Tra Vinh’s coordinating board, the CCA has operated between 2015 and 2019 with total non-refundable aid of 47 billion VND (2.07 million USD). The fund aims to encourage local farmers to apply rational production models to create sustainable income.
Poor and near poor households as well as cooperative groups in the 30 targeted communes will be given non-refundable aid equivalent to 50 percent of total planned production and business costs. Accordingly, maximum financial support for each household is 30 million VND (1,320 USD) while that for each cooperative group is 750 million VND (33,000 USD).
Priority has been given to clean and water-saving vegetable cultivation, rice farming under the system of rice intensification (SRI) and extensive aquaculture farming.
The AMD project in Tra Vinh has been implemented in 30 communes of seven districts during 2014-2020, benefiting around 15,000 poor and near-poor households.
Its total budget is 521 billion VND (22.92 million USD), including 233.5 billion VND from the International Fund for Agricultural Development (IFAD)’s loans, 126.5 billion VND (5.57 million USD) from the IFAD’s non-refundable aid, 79.5 billion VND (3.49 million USD) from the Vietnamese Government and the remaining from the beneficiaries.
The overall goal of the project is to develop sustainable livelihoods for rural residents in a changing climate and enhance the public’s capacity to adapt to climate change.-VNA
VNA
