Vietnam Government Approves VND67B for Climate Change Prevention Project Next Year

The government of Vietnam has approved VND67 billion ($3.6 million) for a climate change prevention project in 2010, the Thoi Bao Ngan Hang newspaper reported Dec. 11. The project is aimed to improve capabilities of government agencies to adapt to climate change and reduce greenhouse gas emissions in the country. Vietnamese Prime Minister Nguyen Tan Dung joined an international conference last week to discuss initiatives for the UN summit on climate change in Copenhagen, Denmark. The Ministry of Finance said the government will likely spend part of its development aid to mitigate climate change impacts in the upcoming years. The Asian Development Bank (ADB) has announced it will provide a $700 million for developing countries including Vietnam to cope with climate change, the paper added. Vietnam is listed among the world’s four hardest natural disasters-hit countries between 1990 and 2008.