FCPF-2: Support for the REDD+ readiness preparation in Vietnam Phase 2
Duration: 36 months (Nov. 2016 – Dec. 2019)
Project areas: Hanoi and provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri and Thua Thien Hue (Provinces in ER-Program).
Total budget: US$ 5,702 million (ODA fund of US$ 5 million and counterpart fund of US$ 702,000)
Funding: World Bank (FCPF - Forest Carbon Partnership Facility)
Executive Agency: Ministry of Agriculture and Rural Development
Implementing agency: Management Board of Forestry Projects
Objective: The objective of the Additional Readiness Preparation Activities is to support Vietnam to become ready for future REDD+ implementation by preparing the key elements, systems, and policies needed in a socially and environmentally sound manner.
The Participants Committee of the FCPF decided to allocate additional grant funding to Vietnam in the amount of up to US$5 million to enable Vietnam to continue with its preparation for readiness, subject to the terms and conditions set out in Resolution PC/19/2015/4.
Component 1: Analytical studies and development of capacities for the effective and efficient REDD+ implementation at national and provincial levels.
Component 2: Policies and technical support on SFC and FMB reform for REDD+ service provision, private sector engagement, and FLEGT.
Component 3: Development of the Strategic Environmental and Social Assessment national and sub-national REDD+ strategy options, stakeholder consultation and participation.
Component 4: Project management and monitoring and evaluation.
Outcome 1: Developed REDD+ readiness governance; improved capacity for REDD+ Steering Committees at national and provincial levels and VRO; built carbon transfer rights.
Outcome 2: Forest companies, Protection Forest Management Boards, private sector and other stakeholders willingly participate in REDD+ implementation; The number of forestry companies participating in equitization has increased; Forest governance and FLEGT are improved.
Outcome 3: Safeguards framework for REDD+ implementation is operational; measures to avoid or minimize negative environmental and social impacts are implemented; stakeholders are widely consulted; CSOs are involved; FGRM is operated.
Outcome 4: Reliable data and information on emission reductions, MRV, benefit sharing plan, reports are updated.
Ms. Nguyen Thi Thu Thuy
National Programme Director
Project On Support for the REDD+ Readiness Preparation in Viet Nam phase 2
Room 043, No. 14, Thuy Khue Street, Tay Ho, Ha Noi, Viet Nam
Tel.: (04)-37286495; Fax: (04)-37286496