Viet Nam News-3 Nov 2017

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has green lighted the target program to cope with climate change and promote green growth during 2016-20.

The program is designed to improve local residents’ abilities to adapt to climate change, boost green growth and transition towards a low-carbon economy.

The program includes four components: implementing some targets of the Paris Agreement on Climate Change that Việt Nam ratified in November 2016, implementing projects to help local residents to adapt to climate change, issuing policies to assess and supervise green growth, and promoting green growth.

Under the program, several prioritized projects will assist local residents in coping with natural disasters, especially focusing on Mekong Delta, coastal provinces and northern mountainous provinces.

About 42 projects to grow mangrove forests in coastal areas and protective forests in other areas will be implemented during the period.

Phúc assigned the Ministry of Natural Resources and Environment as the lead entity responsible for coordinating with relevant agencies to implement the program.

The program, worth VNĐ15.8 trillion (US$698 million), is financed by the State budget, local budget and other sources.