The Prime Minister has approved the second phase of a project to provide technical support for the initiative on Reducing Emissions from Deforestation and Forest Degradation (REDD+).
Forest protection helps reduce greenhouse gas emissions (Photo: VNA)
Hanoi (VNA) – The Prime Minister has approved the second phase of a project to provide technical support for the initiative on Reducing Emissions from Deforestation and Forest Degradati🤪on (REDD𝕴+).
The project aims to lower greenhouse emissions through limiting forest degradation, enhancing sustainable forest management and protecting biodiversity. It is also expected to implement the national strategy on climate change as well as alleviate poverty.
It will enhance the technical ability of the REDD+ steering board and offices, relevant agencies and six north-central provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri and Thua Thien Hue which are part of a greenhouse emission programme.
The four-component project will be carried out at a total cost of more than 5.7 million USD, 5 million USD of which comes from non-refundable official development assistance (ODA) from the Forest Carbon Partnership Facility (PCPF), with the remainder from corresponding funds.
Vietnam has conducted numerous activities to tackle climate change, striving to cut greenhouse gas emissions by 25 percent by 2030.-VNA
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Forest protection helps reduce greenhouse gas emissions (Photo: VNA)
