In the first phase, the World Bank provides US$9.7 million in non-refundable, which is extracted from the Multilateral Fund for the Implementation of the Montreal Protocol on ozone-depleting substances.
Designed to help Vietnam reduce its consumption of HCFCs in the polyurethane foam sector, the project will apply the latest technologies to eliminate nearly 2,500 tonnes of HCFC-141b in 12 large foam production enterprises.
It will also support policies, regulations and technical activities to curb HCFCs consumption, as well as help reduce energy consumption and increase energy productivity for household air conditioners manufactured in Vietnam.
Vietnam has joined the Montreal Protocol since January 1994.
