April 16, 2012
A national Green Climate Fund will soon be set up to facilitate future financial flow from the global Green Climate Fund into Viet Nam.
Prime Minister Nguyen Tan Dung requested the Ministry of Natural Resources and Environment to work with relevant finance and planning ministries to establish the fund after reviewing the United Nations COP 17 climate summit held in Durban last December.The global Green Climate Fund, which aims to channel aid to developing nations...
March 26, 2012
Funding forest protection in developing countries poses numerous financial risks: from inefficient allocation through to mismanagement of funds, misappropriation and corruption.
Financial flows from donors to developing countries under the REDD+ forest protection mechanism will need to increase significantly over the coming years if greenhouse gas emissions from forest loss are to be reduced. Detailed measures will be needed to ensure effective, transparent and...