The project is aimed at supporting the implementation of the green growth strategy, transforming the growth model and restructuring the economy in the way of enhancing labor capacity and sustainable development in the spheres of society and environment.
The project will integrate the nation’s green growth strategy into the socio-economic development plan in the 2016-2020 period, especially in three prioritized areas of vocational training, natural resources and energy.
In addition, it will advocate the operation of the inter-sectoral coordination committee in charge of the green growth strategy and approve the green growth action plans in five selected provinces in the Mekong Delta, which are seriously affected by the climate change and rising sea level.
It will also design, establish and supervise the implementation of mechanisms and policies to create finance for environmental and social-friendly projects and encourage the development of green finance and banking products and services as well as introduce new stock products and services under the guidance of the Ministry of Finance and suitable with international standards.
The project, launched by the Ministry of Planning and Investment within three years from 2015-2018, is worth €7 million, including €6.5 million from the non-refundable aid of the German Government and €500,000 from the corresponding capital of the Vietnamese Government.
Source: chinhphu.vn