Project on Policy Advice for Climate Resilient Economic Development launched

The German Development Cooperation Organisation (GIZ), the Central Institute for Economic Management (CIEM) co-organised a ceremony, in Hanoi, on November 25, to launch the Project on Policy Advice for Climate Resilient Economic Development, the period 2019-2022.

At the event (Photo:VNA)
At the event (Photo:VNA)

The project aims to develop an integrated model to assess the impact of climate change adaptation measures; building the capacity of the Vietnamese side in applying the model to policy analysis and planning and policy advice.

Speaking at the ceremony, Nguyen Thi Tue Anh, Deputy Director in charge of CIEM, said that climate change has been progressing complicatedly, causing serious consequences on a global scale; in which, Vietnam is no exception. It is a big and continuous challenge for the Government, industries and localities; especially in the Mekong Delta region, border provinces, hills in general.

The Government of Vietnam is increasingly concerned, focusing on the goal of sustainable economic development, promoting green growth combined with climate change prevention. Vietnam also has a national program and national plan to adapt to climate change and achieve certain results in climate change prevention.

CIEM experts said the project identified the integration of climate change into economic policy and will provide a comprehensive understanding of the impacts of climate change; building the capacity to ensure productivity of industries in the face of climate change; Long-term research, sustainable development and resilience contribute to economic reform.