ENVIRONMENTAL NEWS
World Bank supports US$560 million to help Viet Nam tackle climate change
18 July 2016 | 10:10:00 AM
The agreement between the World Bank (WB) and State Bank of Viet Nam (SBV) will provide a loan of US$560 to support urban development, climate change adaption and sustainable livelihood in the Mekong Delta.

According to the agreement signed on Jul 11, US$310 million will be used to support the climate change adaption and sustainable livelihood development in nine Mekong Delta provinces in Viet Nam where the impacts of climate change, sea-water intrusion, coastal erosion and flooding have become dramatically serious.
Other US$250 million will be handed to Can Tho Urban Development and Resilience Project to develop solutions to reduce flood risks, as well as to improve the transport links between the center of the city and its new urban areas.
An estimate of 1.2 million people in Viet Nam’s Mekong Delta region in general and 420,000 people in Can Tho City in particular will be benefited from these projects. Acting Country Director for the World Bank in Viet Nam, Achim Fock expected that World Bank’s support will help the region adapt to climate change in a sustainable manner.
(National Times)
Views: 2552
Other news
Flooding hits North South railway, disrupting train services (20/11/2025 06:40:AM )
Rare pangolin and python handed over to Ha Tinh national park (19/11/2025 06:41:AM )
Hanoi air quality drops to unhealthy level (18/11/2025 06:02:AM )
Rare monkeys stray into Nghe An family gardens (14/11/2025 08:25:AM )
Hanoi rolls out first electric bike rental service (13/11/2025 05:34:AM )
Suspected South American iguanas seized in An Giang (12/11/2025 06:24:AM )
Rare pangolin found on Quang Tri street (02/11/2025 08:37:AM )
Dog theft ring busted in Dong Thap (31/10/2025 08:39:AM )
Two rare tortoises discovered at temple in Ha Tinh (30/10/2025 06:37:AM )