Climate Smart Agricultural Tender

Country
Viet Nam
Approval Date
30 December 2021
Duration
2021 - 2026
Sector
Credit and Financial Services
Total Project Cost
US$ 136.38 million
IFAD Financing
US$ 42.99 million
Co-financiers (International)
Dutch Fund for Climate and Development US$ 40.01 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 30.4 million
National Government US$ 17.87 million
Beneficiaries In-kind US$ 4.6 million
Financing terms
Ordinary
Project ID
2000002335
Project Contact
Francisco Javier Pichon
Economic and political reforms have spurred rapid economic growth and transformed Viet Nam from one of the world’s poorest nations to a lower-middle-income country.

However, unsustainable exploitation of natural resources have driven this growth. In the Mekong Delta, overuse of surface and ground water is leading to water scarcity. Climate change is also taking a toll on agriculture.

The Climate-smart Agricultural Value Chain Development aims to achieve sustainable and climate-resilient rural transformation in Ben Tre and Tra Vinh Provinces. It will generate sustainable income opportunities and improved rural livelihoods for 60,000 smallholder farmers’ households, with a focus on women, youth, and ethnic minorities.