(VOVworld) - The International Fund for Agricultural Development (IFAD) signed a funding agreement in its headquarter in Rome, Italy to provide Vietnam with 34 million USD to develop rural areas and cope with climate change.

The signatories to the agreement were Vietnamese ambassador to Italy Nguyen Hoang Long and IFAD President, Kanayo F.Nwanze. The aid will be funded under the most preferential conditions to carry out a project on sustainable rural development and climate change response in the Mekong River Delta, especially in Ben Tre and Tra Vinh provinces.  More than 30,000 households, mostly women and ethnic minority groups will benefit directy from the project which focuses on raising awareness and strengthening capacity to respond to climate change.