FP013
Improving the resilience of vulnerable coastal communities to climate change related impacts in Viet Nam
Improving the resilience of vulnerable coastal communities to climate change related impacts in Viet Nam
Strengthening storm and flood protection for coastal communities in Viet Nam through resilient housing, planting and rehabilitation of mangrove forests, and systematized climate risk assessments for the public and private sectors.
Impoverished coastal communities in Viet Nam are impacted by frequent flooding and storms, with 60,000 houses damaged or destroyed each year causing huge economic impacts. The rural poor are at especially high risk given their reliance on natural resources for their livelihoods, particularly in agriculture and fisheries.
More resilient housing will be created through incorporating storm and flood resilient design features in new houses to benefit up to 20,000 people who are exposed to high risk from adverse weather events. In order to create storm surge buffers, 4,000 hectares of mangroves will be planted and rehabilitated, which will also create sustainable ecosystem resources to support coastal livelihoods. The project will also develop systematized climate and economic risk assessments for private and public sector application in all 28 coastal provinces of Viet Nam.
The project has an estimated lifespan of 5 years.
Project timeline
Pipeline
24 Jun 2015 - 373 days
Concept note received
24 Jun 2015
Funding proposal received
28 Jul 2015
Approved
30 Jun 2016 - 377 days
Approved by GCF Board
30 Jun 2016
Cleared by iTAP
30 Jun 2016
Legal opinion on AE's Internal Approval
27 Sep 2016
FAA executed
08 Jun 2017
Under implementation
11 Jul 2017 - 2,692 days so far
FAA effective
11 Jul 2017
Disbursement - USD 3,491,400
14 Sep 2017
Annual Performance Report
23 Mar 2018
Disbursement - USD 8,422,400
12 Sep 2018
Annual Performance Report
01 Mar 2019
Disbursement - USD 8,326,600
04 Mar 2020
Disbursement - USD 5,882,600
14 Apr 2021
Disbursement - USD 3,400,000
29 Apr 2022
To be completed
11 Jul 2024 - -134 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing100% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 29,523,000 |
| Total GCF Financing |
|---|
| USD 29,523,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 9,406,625 |
| Co-Financing | Grant | USD 1,600,000 |
| Total Co-Financing |
|---|
| USD 11,006,625 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Entity
United Nations Development Programme
Executive Coordinator, ad interim (A.I)
304 East 45th Street, FF-9th Floor, New York, United States
Principal Advisor Environmental Law and Policy
304 East 45th Street, FF-9th Floor, New York, United States
More contacts
National Designated Authority
Ministry of Planning and Investment
Director General, Department of Science, Education, Natural Resources and Environment
6B Hoang Dieu Street, Ba Dinh District, Ha Noi, Viet Nam
Deputy Director General
Official - Dept. of Science, Education, Natural Resources and Environment
