WASHINGTON, February 2, 2012 - The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$70 million equivalent
Terms: Maturity = 25 years Grace = 5 years
Project ID: P122667
Project Description: The objective of this program is to support the Government of Vietnam in addressing climate change issues by adopting policies and strengthening institutional capacity to promote climate resilience and lower carbon intensity development. Vietnam is one of the most vulnerable countries to the effects of climate change, in particular to floods, storms, and sea-level rise.
Marilene B. Montemayor
For more information, please visit here.