Forecasts indicate that Vietnam will face severe climate challenges by 2050, including extreme temperatures, increased precipitation, and rising sea levels.
The Mekong Delta faces flood risks across 47.29% of its area, while Ho Chi Minh City has a 17.15% flood risk. Without timely action, the World Bank warns climate change could cost Vietnam 3-5% of GDP annually.
Despite these challenges, Vietnam’s financial resources for climate response remain limited.
Vietnam is currently a long-term partner of the Flanders International Climate Action Programme, having received over 2 million EUR in funding through projects focused on technology, knowledge sharing, and capacity building for climate change adaptation.
Among the 69 projects launched, five include activities in Vietnam, said Cieltje Van Achter, Flemish Minister for Brussels and Media, adding that they have established policies to support their companies in exporting technologies, including climate solutions.
According to Associate Professor Pham Thi Thanh Nga, Director of the Institute of Meteorology, Hydrology and Climate Change, Vietnam requires urgent action and robust funding to address climate challenges.
Vietnam’s Climate Change Strategy aims to achieve net-zero emissions by 2050 while building a sustainable, low-carbon economy.
