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Vietnam - Climate Change and Green Growth Development Policy Financing (Inglês)

The development objective of the Climate Change and Green Growth Development Policy Financing (DPF) for Vietnam is to promote: (a) climate resilient management of landscapes; and (b) adoption of cleaner transport and energy systems. This is a one-tranche operation, closely linked to a 2016 operation that was designed to be the first in a 3-operation DPF series. These operations support the government’s support program to respond to climate change (SP-RCC) 2016-2020, which provides policy reforms for effective implementation of climate change and green growth actions prioritized in the 2016-2020 socio-economic development plan (SEDP), national climate change strategy (NCCS) and Vietnam green growth strategy (VGGS), and nationally determined contribution (NDC). The originally conceived 3-operation World Bank DPF series focused on mainstreaming climate within general planning and budgeting processes, as well as tackling specific climate impacts and issues in key sectors. Although unable to proceed as planned, the first operation played a critical role in shaping the form and content of the policy program, and delivered results upon which the new DPF builds, whilst also strategically strengthening the foundations and providing a bridge to a new, post-2020 phase of climate action.

Detalhes

  • Data do documento

    2020/04/09

  • TIpo de documento

    Documento sobre o programa

  • No. do relatório

    PGD117

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Vietnã,

  • Região

    Leste Asiático e Pacífico,

  • Data de divulgação

    2020/06/08

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2020-06-05T00:00:00Z

  • Nome do documento

    Vietnam - Climate Change and Green Growth Development Policy Financing

  • Palavras-chave

    poverty and social impact analysis; Public and Publicly Guaranteed; public debt; ghg emissions; integrated water resources management; danish international development; Partnership for Market Readiness; Analytic and Advisory Activities; impact of climate change; Natural Resource Management; state-owned enterprise; fiscal deficit; areas of policy reform; medium term expenditure framework; increase in energy consumption; Capital Adequacy Ratio; Grievance Redress Service; cubic meter of water; multilateral development bank; Public Financial Management; value-added tax; effect of climate change; degradation of natural resource; efficient use of water; real effective exchange rate; real exchange rate appreciation; Senior Financial Management Specialist; macroeconomic policy framework; current account balance; Exchange Rates; fiscal consolidation; current account surplus; long term growth; million people; import of goods; extreme weather event; fiscal stimulus package; banking sector; co2 emission; green growth; natural resource depletion; sustainable forest management; export of goods; lack of asset; investments in infrastructure; long-term climate change; low interest rate; import of service; quality of growth; short-term interest rate; depreciation of currency; errors and omission; extremes of climate; emission from vehicle; exchange rate volatility; natural resource economist; rising sea levels; downstream water user; shortage food; sustainable coffee production; value of imports; trade and investment; exchange rate peg; poor air quality; increase in prices; energy efficiency programs; national energy saving; low growth rate; trade liberalization efforts; sand and gravel; food value chain; sea level rise; inclusive economic growth; gross national income; current account deficit; labor market condition; enforcement of regulation; banking sector stability; public sector liability; renewable energy capacity; balance of payment; freight transport demand; carbon dioxide equivalent; Health and Population; improved debt sustainability; exchange rate shock; foreign exchange rate; outstanding domestic debt; supreme audit institution; decline in fuel; sustainable development goals; high trade openness; Water and Land; domestic credit growth; liquified petroleum gas; summary of risks; Natural Resources; agricultural production; fiscal balance; privatization proceeds; external position; fiscal cost; macroeconomic impact; monetary policy; trade tax; foreign reserve; inflationary pressure; natural forest

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