Society

Tra Vinh: Climate change adaptation project benefits the poor

Nearly 81 billion VND (3.48 million USD) has been disbursed by the climate change adaptation co-sponsoring fund (CCA) to support poor and near-poor households in the Mekong Delta province of Tra Vinh in developing climate change adaptation production models during the 2014-2019 period.
Tra Vinh: Climate change adaptation project benefits the poor ảnh 1Illustrative image (Photo: VNA)

Tra Vinh (VNA) - Nearly 81 billion VND (3.48million USD) has been disbursed by the climatechange adaptation co-sponsoring fund (CCA) to support poor and near-poorhouseholds in the Mekong Delta province of Tra Vinh in developing climate change adaptation production models duringthe 2014-2019 period.

The information was revealed by the CoordinationBoard of the “Adaptation in the Mekong Delta”(AMD) project in Tra Vinh at a meeting on June 18 to review the CCA fund in thelocality.

According to Huynh Nghia Tho, Director of the Coordination Board of the AMD project in Tra Vinh, the project, which isfunded by the International Fund for Agricultural Development (IFAD), has beenimplemented in the locality during 2014-2020.

It aims to help 15,000 poor and near-poor families in 30 communes bettertheir capacity in adapting to climate change and improve livelihoods.

The project’s total budget is 522 billion VND(22.4 million USD), including 233.5 billion VND in IFAD loans, 126.5 billionVND in IFAD non-refundable aid, 79.5 billion VND (3.49 million USD) from theVietnamese Government, and the remainder from beneficiaries.

The CCA fund is one of four investment sources for the project. It brings in practicaleffectiveness through directly supporting poor and near-poor households,business households, and cooperative groups, with priority given to householdsof the Khmer people and women.

The fund helps share risks and encourages farmers to apply appropriate productionand service models to create sustainable incomes in the context of climatechange.

From 2014 to 2019, the CCA funded 886 business and production plans, with over7,400 beneficiaries./.
VNA
# climate change adaptation#production models#Adaptation in the Mekong Delta#non-refundable aid#Vietnamplus#Vietnam news#Vietnam News Agency
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