Accordingly, thenon-refundable official development assistance (ODA) provided by the Governmentof Germany to the project will increase from 4 million EUR to 4.6 million EURwhile Vietnam’s corresponding fund remains unchanged.
The project’sthird main component will be changed from developing a national system formeasurement, reporting and verification (MRV) of climate change mitigationactions to developing an MRV Portal as a tool for knowledge management anddata-sharing.
The NAMA willalso have an extra component, namely “Support for the implementation ofVietnam’s Nationally Determined Contribution (NDC),” which including supportfor the review and revision process of the NDC and the development of the Planfor the Implementation of the Paris Agreement.
Vietnamis one of the countries most affected by climate change worldwide. Projectionsshow that greenhouse gas emissions in Vietnam are on the rise, mainly driven bythe energy sector. The country will emit 400million tonnes of carbon dioxide by 2018, 500 million tonnes by 2020, 600million tonnes by 2025 and 800 million tonnes by 2030.
Theimpacts of climate change are already noticeable across the country. Averagetemperatures are rising faster as compared to global trends, extreme weatherevents are increasing in frequency and intensity, and sea levels are rising.
The project,which runs from 2014 to 2018, aims to create an overarching framework fornationally appropriate climate change mitigation actions and MRV in Vietnam.
Itis jointly implemented by the Vietnam Institute of Meteorology, Hydrology andClimate Change on behalf of the Ministry of Natural Resources and Environment(MoNRE) and the Deutsche Gesellschaft für Internationale Zusammenarbeit –German Development Cooperation (GIZ) on behalf of the German Federal Ministryfor the Environment, Nature Conservation, Building and Nuclear Safety.
Othercomponents include improving the institutional capacity in MONRE to coordinate,develop and implement NAMAs; identifying and developing two specific and bankableNAMAs; and strengthening capacities for international negotiations on climatechange. –VNA