The Ministry of Natural Resources and Environment and the French Development Agency (AFD) on May 8 released a joint statement on development of GEMMES Program (Generalized Monetary Macroeconomics for the Ecological Shift).
Accordingly, Vietnam has become the first nation in Asia to benefit from the program.
Through the GEMMES, the French Government has affirmed concerns and supports for Vietnam in launching long-term strategies in response to climate change.
Illustration photo
|
The program will integrate and evaluate sectoral and/or local adaptation options, manifesting Viet Nam's determinations in the Paris Agreement.
GEMMES Vietnam will carry out three main tasks including studying different aspects of damages caused by climate change in Vietnam and evaluating its adaptive strategies.
The program heads to apply updated research methods on climate change’s effects on the economy, thus releasing evaluations on damages and adaption of Vietnam, said AFD Director Fabrice Richy, adding that evaluations from the program will be used for identifying Vietnam’s status in negotiations on climate and optimizing adaption investment for localities.
The GEMMES research, initiated in 2015, has been carried out in Brazil, Ivory Coast, Tunisia and Colombia. Earlier on March 27, 2018, a memorandum of understanding on implementation of the Paris Agreement in Vietnam was inked by Minister of Natural Resources and the Environment Tran Hong Ha and Director General of the AFD Remy Gioux in Paris under the witness of President of France Emmanuel Macron and Party General Secretary Nguyen Phu Trong on the occasion of the Vietnamese Party chief’s official visit to France in recent March.
Other News
- Hanoi takes drastic action against environmental violations
- Voluntary social security should cover larger part of informal sector: Experts
- Excellent quality goods aim further than domestic market
- Hanoi launches occupational safety action month
- Hanoi digitizes public transport ticketing
- A new lease on life for Hanoi's community library system
- Gen-Z workers driven by career advancement and work environment
- Wide range of World Water Day 2024 activities in Vietnam
- Hanoi police fine street vendors for overcharging foreign tourists
- USAID launches US$3 million project to protect Vietnam's natural habitat
Trending
-
Vietnam, Indonesia eye lifting relations
-
Vietnam news in brief - April 25
-
Vietnamese contemporary ballet celebrates Europe Day
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area