Vietnam – First Climate Change Development Policy Operation Program

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.

 

Contact: 
Marilene B. Montemayor
(202) 473-4709
mmontemayor@worldbank.org

 

For more information, please visit here.