WB supports Vietnam to prevent climate change

WB supports Vietnam to prevent climate change  - ảnh 1
The increase of flooding in recent years has become a headache for Vietnam. (Photo: VOV)

(VOVworld) - The World Bank has pledged to assist Vietnam in making and enforcing environmental protection policies and minimising the impact of climate change.

This announcement was made at Friday’s working session in Washington DC between Minister of Natural Resources and Environment Nguyen Minh Quang and WB Vice President Rachel Kyte.

Under the plan, the WB will help Vietnam build and implement a legal framework on climate change in Environmental Protection Law and create favourable conditions for the country to participate in research addressing the impact of hydro power projects in the Mekong River region. It will also help Vietnam join the BioCarbon Fund’s programmes to reduce gas emission from using land and integrate climate change with land usage.

The WB representative agreed to support Vietnam’s policy making process to attract investment capital for energy projects and consider the country’s proposal for granting preferential loans for urgent projects on climate change adaption, mangrove forestation and sea dyke building.

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