Support from EU for Vietnam to cope with climate change
Many European Union (EU) nations are helping Vietnam tackle climate change through various projects.
The EU Delegation to Vietnam and embassies of some EU countries held a press conference on climate change in Hanoi on September 21. The event was part of the European Climate Diplomacy Week in the country from September 19-25.
Ambassador and head of the EU Delegation to Vietnam Bruno Angelet said the EU has assisted the Vietnamese Government to build a report on intended nationally determined contributions (INDC) which will be sent to the Secretariat of the UN Framework Convention on Climate Change. It is also helping the country to achieve those INDCs.
The Netherlands is funding EUR10 million for a clean water supply project in Ho Chi Minh City, she added.
A EUR50-million loan from Germany’s KfW Development Bank is financing a wind power plant in Vietnam. The factory is set to be inaugurated this November and help reduce 28,000 tonnes of CO2 emissions every year, according to the German Embassy.
At the press conference, representatives of the embassies of Demark, Finland, France, Italy, the UK and Spain also gave information about ongoing and future cooperation projects on climate change with the Southeast Asian nation.
They said as Vietnam is among the 10 countries most vulnerable to climate change, it should become a low-carbon economy.