|The German government has provided 10.3 million euro (US$11.2 million) in non-refundable official development assistance to support Việt Nam in the implementation of the Paris Agreement from 2019 to 2023.— Photo VNN|
HÀ NỘI — The German government has provided 10.3 million euro (US$11.2 million) in non-refundable official development assistance to support Việt Nam in the implementation of the Paris Agreement from 2019 to 2023.
The project 'Support to Việt Nam for the Implementation of the Paris Agreement' (VN-SIPA) is funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).
The main implementing agency on the Vietnamese side is the Department of Climate Change under the Ministry of Natural Resources and Environment (MoNRE).
According to Deputy Minister of Natural Resources and Environment Lê Công Thành, the project aims to establish a comprehensive legal framework and enhance capacity to implement Việt Nam’s Nationally Determined Contribution (NDC) and the Paris Agreement on climate change.
The project focuses on five areas, including the provision of advice for the MoNRE on the development and implementation of the NDC and the Paris Agreement.
Additionally, it will support setting up an institutional framework for implementing the Paris Agreement and incorporating its NDC into the portfolios of ministries.
It also implements ecosystem-based adaptation measures in Hà Tĩnh and Quảng Bình and develops five bankable mitigation actions (NAMAs) as a contribution to achieve Việt Nam’s climate targets.
It also serves as an interface for the BMU’s International Climate Initiative (IKI), via which IKI projects in Việt Nam are co-ordinated and information about climate policy processes is provided.
The Paris Agreement, signed in 2016, aims to mitigate greenhouse gas emissions around the world.
Việt Nam was quick to ratify the Paris Agreement and was one of the first countries to develop a plan of action to carry out the agreement. — VNS