The US Agency for International Development (USAID) will provide a US$40 million in aid to help Vietnam cope with the effects of climate change, USAID Mission Director Joakim Parker announced at a press conference in Hanoi Wednesday.
The funds will be spent on two five-year programs to develop clean and sustainable landscapes.
Parker said the new programs would "encourage energy efficiency, explore the possible development of renewable energy technologies, and assist people living in vulnerable forest and delta areas."
The USAID Vietnam Forests and Deltas Program and Vietnam Clean Energy Program together are valued at over $40 million and are in line with the Vietnamese government's climate change policies and programs, including the new Green Growth strategy.
The campaigns will be implemented from this month through 2017.
The two climate change programs are the first major USAID contributions in this area.
Working with the Ministries of Agriculture and Rural Development and Natural Resources and Environment and relevant government agencies, the USAID Vietnam Forest and Deltas Program will support adoption of land use practices to address deforestation and degradation of forests and other landscapes, and increase the resilience of people, places and livelihoods in delta areas through assistance for adaptation and disaster risk management.
The Vietnam Clean Energy Program will contribute around $12 million to examine ways to effectively acquire, manage, analyze, and use energy sector data and boost energy efficiency in high-use energy sectors in cooperation with the Ministries of Industry and Trade and Construction and relevant government agencies.
It will also promote public and private investment to pilot renewable energy and energy efficient technologies that would benefit Vietnam in the years to come.
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