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Disclosable Restructuring Paper - Vietnam Climate Innovation Center (VCIC) RETF - P155260 (English)

The objective of the Vietnam Climate Innovation Center (VCIC) RETF Project is to increase green growth business innovations by supporting entrepreneurs and SMEs involved in technological solutions through the establishment and operation of the Vietnam Climate Innovation Center. This is the second project restructuring. The first one was a six months no-cost extension processed in June 2018, which extended the grant closing date from June 30, 2018 to December 31, 2018. All the other provisions remained unchanged at the time in which this first extension was processed. The team is now processing a second restructuring to increase the overall project budget of dollar 800,000 (bringing the total project grant to dollar 4,600,000) and introducing new project activities. To implement and disburse this additional funding, another 18 months extension of the project end date is being requested, bringing the new closing date to June 30, 2020.

Details

  • Author

    Pham,Lien Anh

  • Document Date

    2018/12/28

  • Document Type

    Project Paper

  • Report Number

    RES34122

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Vietnam,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2018/12/28

  • Disclosure Status

    Disclosed

  • Doc Name

    Disclosable Restructuring Paper - Vietnam Climate Innovation Center (VCIC) RETF - P155260

  • Keywords

    Environmental and Social Management Framework; Technology Transfer and Diffusion; sustainable use of resources; solution to climate change; Risks and Mitigation Measures; early stage finance; business support service; global business; local market knowledge; independent legal entity; technology transfer activity; technology transfer service; combat climate change; international good practice; Promoting Private Sector; capacity for implementation; local enterprise development; peer to peer; amount of fund; promoting gender equality; Air Quality Management; adverse environmental impact; intellectual property protection; Clean Technology; gender specific; project costing; mid-term evaluation; green growth; local company; long-term sustainability; relevant market; co2 emission; international expert; Sustainability Strategy; global technology; environmental screening; environmental requirement; business innovation; support for entrepreneur; Water Management; safeguard provision; local climate; grant funding; staff turnover; private funding; partnership program; business model; water sector; external investor; counterpart funding; project duration; administration procedure; Consulting services; project grant; cumulative total; international interaction; international training; internal assessment; gender awareness; Equal Opportunity; support sme; technology solution; financing activities; procurement activities; solicitation process; contract management; disbursement arrangement; safeguard policy; Safeguard Policies; raw material; adaptive process; mitigation actions; civil works; environmental staff; environmental compliance; technical facilities; knowledge product; Business Climate; business incubation; energy solutions; global partnership; foreign company; matching grant; budget resource; international network; international company; pipeline company; project risk; autonomous agency; sustainable leadership; resource sustainability; gender mainstreaming; mainstreaming gender; technology entrepreneur; adaptive capacity; climate action; operational capacity; client company; Agribusiness Development; international market; vulnerable countries; Technology Diffusion; staff position; intermediate indicator; climate agenda; stage financing; staff capacity; resilient infrastructure; Clean Energy; private investment; hands-on training; procurement capacity

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Citation

Pham,Lien Anh

Disclosable Restructuring Paper - Vietnam Climate Innovation Center (VCIC) RETF - P155260 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/277061546033133998/Disclosable-Restructuring-Paper-Vietnam-Climate-Innovation-Center-VCIC-RETF-P155260