various Vietnamese ministries and agencies hold conference on how to cope with climate change

Hanoi (VNA) – More than 30 international organisations joined representatives
from various Vietnamese ministries and agencies at a donors conference on how to
cope with climate change in Hanoi on Oct. 9.

Vietnam is especially vulnerable to the negative impacts of climate change,
said donors. The country will soon become a middle income nation and be
eligible for new and additional official development assistance (ODA) in the
form of grants and low interest loans to combat green house gas emissions and
adapt to climate change in accordance with the United Nations Framework
Convention on Climate Change (UNFCCC), they noted.

The participants focused their discussions on the Government’s requests for
help from donors to cope with climate change, the regulations for ODA capital and
the management mechanisms to implement these sources of aid.

Deputy Minister of Agriculture and Rural Development Dao Xuan Hoc shared the same
view as donors about the necessity to devise a single financial mechanism from
central to local levels to avoid waste when implementing projects to adapt to
climate change.

Vietnam is putting together a circular to provide guidelines on the use of
capital sources when adapting to climate change, he said.-Enditem