FP013

Improving the resilience of vulnerable coastal communities to climate change related impacts in Viet Nam

Improving the resilience of vulnerable coastal communities to climate change related impacts in Viet Nam

Strengthening 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.

Impoverished coastal communities in Viet Nam are impacted by frequent flooding and storms, with 60,000 houses damaged or destroyed each year causing huge economic impacts. The rural poor are at especially high risk given their reliance on natural resources for their livelihoods, particularly in agriculture and fisheries.

More resilient housing will be created through incorporating storm and flood resilient design features in new houses 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.

The project has an estimated lifespan of 5 years.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
20,000
Indirect
30,000,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

24 Jun 2015 - 373 days

Concept note received

24 Jun 2015

Funding proposal received

28 Jul 2015

Approved

30 Jun 2016 - 377 days

Approved by GCF Board

30 Jun 2016

Cleared by iTAP

30 Jun 2016

Legal opinion on AE's Internal Approval

27 Sep 2016

FAA executed

08 Jun 2017

Under implementation

11 Jul 2017 - 961 days so far

FAA effective

11 Jul 2017

Disbursement - USD 3,491,400

14 Sep 2017

Annual Performance Report

23 Mar 2018

Disbursement - USD 8,422,400

12 Sep 2018

Annual Performance Report

01 Mar 2019

Completed

11 Jul 2022 - 866 days to go

One region

  • Asia-Pacific

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing29% disbursed

InstrumentAmount
GrantUSD 29,523,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 9,406,625
Co-FinancingGrantUSD 1,600,000

GCF Project Team

General media inquiries

GCF Communications
Phone +82 32 458 7751
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
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Accredited Entity

United Nations Development Programme

Pradeep Kurukulasuriya
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
Phone +1 (212) 906-5884
pradeep.kurukulasuriya@undp.org
Robin Merlier
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
Phone +1 2129065842
robin.merlier@undp.org

National Designated Authority

Viet Nam

Ministry of Planning and Investment

Pham Mai
Director General, Department of Science, Education, Natural Resources and Environment
Department of Science, Education, Natural Resources and Environment No. 6B Hoang Dieu street, Ba Dinh district, Ha Noi, Viet Nam, Hanoi, Viet Nam
Phone +84 8044 432
hmaipham@mpi.gov.vn
Nguyen Trinh
Official, Dept. of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment
Dept. of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment
Phone +84 804 3310
trinh4mpi@gmail.com

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