Vietnam sets $1.2 bln aside for climate change fight

The Vietnamese government is set to allocate an international fund of more than US$1.2 billion to local activities to deal with climate change, according to the Ministry of Natural Resource and Environment.

A floating market in Ben Tre, a Mekong Delta province that faces many climate change risks (Photo: Minh Tri)

Among major projects that the ministry will finance are a program on reducing impacts of climate change on the central province of Quang Nam and the Mekong Delta province of Ben Tre and one on solutions for rising sea level caused by climate change in HCMC and the Delta.

The fund will also be used to help curb deforestation in order to reduce greenhouse gas emission.

Reports from the ministry said only six southern provinces submitted plans on coping with climate change, including Ben Tre, Soc Trang, Bac Lieu, Ca Mau, Can Tho and HCMC.

The remainders have not finished setting up their solutions although they have been financed already.

By A.V. and H.L. – Translated by Vu Minh

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