The ISEE-COVID project’s “Innovative nuclear launcher program to promote social impact business (SIB)”, funded by Global Affairs Canada and co-implemented by the UNDP and the Ministry of Planning and Investment, was launched in Hanoi on August 4. SIB still faces many difficulties in Vietnam, especially in human resources development.
According to UNDP Resident Representative to Vietnam, Ms. Caitlin Wiesen, Vietnam has demonstrated its ability to achieve critical net-zero emissions targets in a short period of time. However, an innovative and dedicated climate finance strategy is needed to facilitate green financial flows from all sources for investment and development.
The Ministry of Natural Resources and Environment and the UNDP inaugurated the Vietnam Circular Economy Network within the framework of a conference kicking off the development of a national action plan to implement Vietnam’s circular economy, held on June 28. Implemented and built in 2021 with support from the embassies of Norway, the Netherlands, and Finland in Vietnam, the network will contribute to perfecting institutions and policies and accelerating the transition to an effective circular economy in all socio-economic fields.
On June 28, at the “Kick-off conference to develop a national plan to implement the circular economy”, Ms. Caitlin Wiesen-Antin, UNDP Chief Representative for Vietnam, offered five recommendations to help the country promote the circular economy and realize its goal of reaching net-zero emissions, including integrating the circular economy in the development of smart cities and coastal areas, and accelerating the development of renewable energy.
On February 28, the Ministry of Labor, Invalids and Social Affairs and the United Nations Development Program (UNDP) signed a cooperation agreement on poverty reduction. The UNDP will provide policy advice and technical assistance to the ministry, to realize the goal of cutting the number of poor and near-poor households in half by 2025.
The “Moving toward a blue economy in Vietnam” report developed by the Vietnam Administration of Sea and Islands (VASI) at the Ministry of Natural Resources and Environment (MoNRE) and the United Nations Development Program (UNDP) was released on November 5. It is one of the first studies on blue development in the maritime economy, with a new approach that will help shape Vietnam’s maritime economy in the future.
The United Nations Development Program (UNDP), the Ministry of Agriculture and Rural Development, and five provinces in the central highlands and south-central coast have launched a $30 million climate change adaptation project funded by the Green Climate Fund (GCF), to strengthen the resilience of small-scale agriculture and water security.
According to Mr. Terence D. Jones, UNDP Resident Representative, to achieve the dual goals of supporting disadvantaged households and promoting economic growth, Vietnam’s cash assistance program must be implemented as quickly as possible.