Original disclosure @ GCF website
Updated in EWS Jul 29, 2020
Disclosed by Bank Jul 19, 2017
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Within 5 year, the project aims to strengthen storm and flood protection for coastal communities in Viet Nam through resilient housing, planting and rehabilitation of mangrove forests, and systematized climate risk assessments for the public and private sectors. The project proposes to benefit up to 20,000 people who are exposed to high risk from adverse weather events.
In order to create storm surge buffers, 4,000 hectares of mangroves will be planted and rehabilitated, which will also create sustainable ecosystem resources to support coastal livelihoods. The project will also develop systematized climate and economic risk assessments for private and public sector application in all 28 coastal provinces of Viet Nam.
In sum, the project relies on grant finance as:
(a) the proposed interventions will benefit vulnerable families identified as poor by the government,
(b) strengthens natural defenses proving public value and
(c) does not generate revenue that lends itself to providing reflows to the GCF.
Ministry of Construction $8.0 Million US
Ministry of Agriculture and Rural Development Grant $1.4 Million US
UNDP $1.6 Million US
GGF $29.5 Million US
Contact person, position
Keti Chachibaia, Regional Technical Advisor
Email address: firstname.lastname@example.org
Telephone number: +66 (0) 2 304 9100 ext 5091
United Nations Development Programme
4th Floor United Nations Service Building
Rajdamnern Nok Avenue
Bangkok 10200, Thailand
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