GCF provides additional US$30 million fund to help nation adapt to climate change
VOV.VN - The Green Climate Fund (GCF) provided an additional US$30 million as non-refundable assistance on October 15 to help regions in the southcentral and Central Highlands of the country deal with the negative impact of climate change.
The funding is being channeled through the UN Development Programme (UNDP) and the Ministry of Agriculture and Rural Development, with the aim to build roughly 1,200 ponds in order to adapt to climate change in the southcentral and Central Highlands regions.
Moving forward, the project is anticipated to benefit local resident across five provinces, including Dak Lak, Dak Nong, Khanh Hoa, Ninh Thuan, and Binh Thuan.
Upon addressing the ceremony to kick off the project, Terence D. Jones, resident representative of the UNDP in Vietnam, emphasized that the UNDP has also recently deployed the GCF-funded US$30 million project to help 28 coastal Vietnamese provinces deal with climate change.
As a means of solving the shortage of water, the new project will strive to support small farming households in a bid to strengthen their resilience to effectively cope with drought.
Simultaneously, farmers who make use of rainwater for cultivation will also benefit from the upgrading and building of 1,159 new ponds that have been specifically designed to adapt to climate change.
