NDF - Financing for climate change and development projects

Nordic Partnership Initiative Pilot Programme [NDF C34]

13.12.2011
The project aims at improving Vietnam’s readiness to benefit from international climate financing by supporting scaling up mitigation actions in the cement sector.

Vietnam
Nordic Partnership Initiative Pilot Programme
Ref: NDF C34

EUR 1.5 million
Project period: 2012-2014
Project completed in May 2016. Actual disbursed amount EUR 1,389,792.40.
 

Objectives

The project aims at improving Vietnam’s readiness to benefit from international climate financing by supporting scaling up mitigation actions in the cement sector. The proposed project will explore and address gaps in data availability and quality regarding sectoral GHG emissions, technical and institutional capacity as well as potential barriers to implementing scaling up greenhouse gas mitigation actions in the cement sector in Vietnam. Special emphasis will be given to exploring opportunities to utilise new forms of international climate finance, including possible new market-based mechanisms in Vietnam’s cement and constructions sector, implying a results-based approach for provision of future support. Attention will also be paid to involving the relevant stakeholders and mapping out the cement sector's viewpoint on the functioning of the overall framework. NDF will finance a Technical Assistance Contract with the following activities:

1) Set up data and MRV system of international standards for NAMA readiness
2) Identify and design appropriate support instruments for mitigation actions.
3) Identify and address technical, information, and capacity barriers

Financing

Total cost of the project will be EUR 1.6 million, of which NDF will provide EUR 1.5 million, and Government of Vietnam EUR 0.1 million.

NDF Contact

Program Manager Martina Jägerhorn
Telephone +358 10 618 002

Related documents

Entire Reports available for download

 

Executive Summary of Technical report available for download. The complete report available upon request from ndfc34(at)moc.gov.vn 

Final Readiness Plan for the Cement Sector in Vietnam