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Green Growth Strategy Facility (GGSF)

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Agreements signed to start 6 Green Growth pilot projects in 3 provinces of Viet Nam

Agreements signed to start 6 Green Growth pilot projects  in 3 provinces of Viet Nam

On May 12th in Ninh Thuan and July 1st in Ha Noi, 3 important grants agreements have been signed between BTC, the Ministry of Planning and Investment and the provincial authorities of Ninh Thuan, Binh Thuan and Ha Tinh.

These agreements form an important milestone of the Green Growth Strategy Facility.  It acknowledges the successful selection of 6 pilot green growth investments in those provinces and launch their implementation.

The selection process demonstrates the foundations of the facility  as it involved its intern-ministerial technical committee and was based on the Facility Operation Manual (FOM). The technical committee is a core component of the Facility structure and the FOM elaboration is one of the key results of the project for the last year. The FOM contains all the governance and operation procedures of the facility and is inspired from international best practices and the accreditation requirements of the Green Climatte Fund.

The selected pilots reflect the priorities of the provinces and are representative of several priorities of the Viet Nam National Green Growth strategy such as: Renewable and efficient energy with solar-LED public lighting, water resources preservation and boosting green jobs in the field of organic agriculture.

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