The Hanoitimes - The Netherlands, a country that lies below the sea level, will bring its experience and technologies to help Vietnam cope with climate change. 70 firms accompany Dutch PM Mark Rutte to Vietnam to foster economic ties Vietnam and the Netherlands exchange experience in security and climate change Vietnam, Netherlands upgrade ties, climate resilience in the spotlight The Netherlands has pledged to offer its excellent management of water resources to Vietnam in the context that the Southeast Asian country is among the five hardest-hit nations by climate change. The Netherlands is famous for water management. Photo: Global In a broader approach, Dutch officials and experts have addressed climate change-caused challenges that Vietnam is facing with in order to find the best solutions. As such, climate resilience and water management are also among pillars in the joint statement released after the talks between the Vietnam and the … [Read more...] about Climate resilience: Netherlands’ great advantage to help Vietnam move forward
Climate resilient infrastructure development facility
ASEAN, ADB launch initiative to support green infrastructure projects
Garden by the Bay in Singapore - Illustrative image (Source: Eco-Business.com) Bangkok (VNA) – Southeast Asian governments, the Asian Development Bank (ADB) and major development financiers on April 4 launched a new initiative to invest more than 1 billion USD in green infrastructure projects across Southeast Asia. The “ASEAN Catalytic Green Finance Facility” initiative was kick-started at a meeting between Thailand’s Minister of Finance Apisak Tantivorawong, ADB President Takehiko Nakao, and senior officials from ASEAN and private sector partners in Chiang Rai, Thailand, on April 4-5. It provides loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. The facility will mobilise a total of 1 billion USD including 75 million USD from the ASEAN Infrastructure Fund (AIF), 300 million USD from ADB, 300 million EUR (336 million USD) from German Development Bank … [Read more...] about ASEAN, ADB launch initiative to support green infrastructure projects
Lao PDR develops sustainable and climate-smart agriculture value…
The agreement was signed by Deputy Minister of Finance Ms. Thipphakone Chanthavongsa and ADB Country Director to the Lao PDR Mr. Yasushi Negishi. Senior officials from the Ministry of Agriculture and Forestry and other line ministries also witnessed the signing ceremony in Vientiane.“Agriculture makes up a significant portion of the Lao PDR economy but the sector’s vulnerability to climate change threatened by floods and droughts puts the country’s development prospect and food security at risk,” said Mr. Negishi. “This project realizes a joint effort between the Government of the Lao PDR and ADB to tackle the challenge in order to make the country’s agricultural production more commercialized, sustainable, and climate-resilient, while promoting regional integration, cooperation, and the competitiveness of agribusiness value chains to support the country’s economic development.”Lao PDR Deputy Minister of Finance Ms. Thipphakone … [Read more...] about Lao PDR develops sustainable and climate-smart agriculture value…
ADB helps Lao PDR to develop sustainable and climate-smart agriculture…
“Agriculture remains a significant portion of the economy of Lao PDR, but the sector’s vulnerability to climate change puts the country’s development prospects and food security at risk,” said ADB Principal Climate Change Specialist for Southeast Asia Mr. Srinivasan Ancha. “ADB’s support will help make the Lao PDR’s agriculture sector more commercialized, sustainable, and climate-resilient, improving the country’s growth prospects.”Lao PDR’s economy predominantly depends on agriculture, which employs about 65% of the country’s workforce. But agriculture’s contribution to the country’s gross domestic product has declined, from 32.7% in 2010 to 19.8% in 2016. The sector is threatened by increasing floods and droughts brought on by climate change, as temperatures in Lao PDR are expected to increase by 2°C–3°C and the amount of rainfall likely to grow by 10%–30% by 2050.The Climate-Friendly … [Read more...] about ADB helps Lao PDR to develop sustainable and climate-smart agriculture…
Government issues resolution on climate change adaptation
Illustrative photo (Source: VNA) Hanoi (VNA) – The Government has issued Resolution 76/NQ-CP on natural disaster prevention and climate change adaptation. Its specific goal by 2025 is reducing 30 percent of human losses caused by natural disasters with similar intensity and scale to those occurring in 2015-2020. Authorities at all levels, organisations, and households across the country will receive full information on natural calamities, while training courses will be opened for natural disaster prevention forces to provide them with necessary skills. According to the resolution, among the general solutions to natural disaster prevention are improving the resilience of infrastructure, reinforcing and upgrading the river and sea dyke systems as well as water reservoirs and storm shelters, and improving water drainage. At the same time, flooding prevention projects in big cities like Hanoi and Ho Chi Minh City will be implemented effectively, in addition to the national … [Read more...] about Government issues resolution on climate change adaptation