A consultation workshop on the risk mapping results of rural infrastructure with flash floods and landslides has just been held in Hanoi . The workshop, which was held on August 26 by the Agricultural Project Management Board under the Ministry of Agriculture and Rural Development, attracted participation from international and domestic organizations, ministries, institutes, universities, local authorities as well as leading experts. The event is a part of activities implemented by the project “Promoting Climate Resilient Infrastructure in Northern Mountain Provinces of Vietnam” (2012 - 2016) funded by the Global Environment Facilities through the United Nations Development Programme and Asian Development Bank. Carried out from January 2016 to August 2016, the risk mapping serves to point out the vulnerability of rural infrastructure and risks of these works under the influences of flash floods and landslides as well as impacts of climate change. The mapping is based … [Read more...] about Rural infrastructure vulnerability assessment discussed in Hanoi
Climate resilient infrastructure development facility
Japan to support USD16 billion infrastructure investment
(CPV) - ADB and the Government of Japan on Novembers 21st 2015 announced a USD16 billion partnership over the next 5 years, including the establishment of an investment fund, to boost support for private infrastructure projects and promote public infrastructure development. Developing quality, reliable, sustainable, and resilient infrastructure is one of the Sustainable Development Goals (SDGs) agreed at the UN summit in September. "Support for quality and sustainable infrastructure has been a central feature of our operations since ADB’s foundation in 1966 to achieve poverty reduction and sustainable development in Asia and the Pacific," said ADB President Takehiko Nakao. "Through its assistance for urban transport, renewable energy, and other infrastructure, the partnership will also contribute to the expansion of climate financing to developing countries, in line with the expected outcome of the COP21 meeting in December." First, in order to stimulate investment in quality … [Read more...] about Japan to support USD16 billion infrastructure investment
ADB helps rebuild flood-damaged transport infrastructure in Solomon Islands
(CPV) -ADB has approved a USD15.58 million project to help the Solomon Islands rebuild transport infrastructure damaged by recent flash floods. The assistance, drawn from ADB's Disaster Response Facility, will help fund construction of new infrastructure designed to be more resilient against future disasters and other climate threats. ADB's financing is USD13.22 million (half loan, half grant), while the Solomon Islands Government is contributing USD2.36 million equivalent. "Through the reconstruction and upgrading of vital infrastructure, the Transport Sector Flood Recovery Project will restore and significantly reduce travel times to markets, schools and health care facilities," said Andrea Iffland, Regional Director of ADB's Pacific Liaison and Coordination Office in Sydney. Prolonged heavy rain in early April associated with Tropical Cyclone Ita caused severe flooding in the nation's capital, Honiara, and across Guadalcanal province. There were 23 deaths, and 52,000 people were … [Read more...] about ADB helps rebuild flood-damaged transport infrastructure in Solomon Islands
ADB enhances climate agriculture and aid effectiveness
The Asian Development Bank (ADB) and Vietnam's government on March 7th signed two loan agreements totaling $111.88 million to help Vietnam enhance low carbon agriculture development. "With the adoption of the Green Growth Strategy, Vietnam is beginning to move onto a path of low carbon climate-resilient development," said ADB country director for Vietnam Tomoyuki Kimura. "The ADB is ready to support the country to realise the vision of low carbon and inclusive growth and accelerate its efforts to transform Vietnam's agriculture production into a more environment-friendly and sustainable system," added Kimura. According to the ADB, agriculture is the largest contributor, accounting for 50 per cent of the national green house gas emissions, out of which livestock raising contributes 35 per cent of the GHG emissions. Livestock production contributes to poverty reduction and economic prosperity in the rural areas. However, growing numbers of farmers and medium- to large-scale … [Read more...] about ADB enhances climate agriculture and aid effectiveness
ADB gives US$112 mln. loan for Vietnam’s agriculture development
The Government of Vietnam and the Asian Development Bank (ADB) have signed on March 7 in Ha Noi two loan agreements totaling nearly US$112 million to help Vietnam enhance climate smart agriculture and aid effectiveness. State Bank of Vietnam's Governor Nguyen Van Binh represented the Government and ADB Country Director for Vietnam Tomoyuki Kimura represented ADB at the signing ceremony. Agriculture is the largest contributor of the national green house gas (GHG) emissions with a proportion of 50%, of which livestock raising causes 35% of the GHG emissions. Although livestock production contributes to poverty reduction and economic prosperity in rural areas, the growing number of farmers and medium-to-large-scale enterprises in livestock farming is increasingly putting stress on the environment. The two loan agreements aim at enhancing low carbon agriculture development and strengthening the Government's capacity to better startup, prepare and implement ADB-financed … [Read more...] about ADB gives US$112 mln. loan for Vietnam’s agriculture development