The Hue City People’s Committee held a working session with the Luxembourg Development Cooperation Agency (LuxDev) on March 23 to discuss technical infrastructure projects funded by the Green Climate Fund (GCF) and the Government of Luxembourg.
During the meeting, the parties officially launched Project VIE/301, titled “Climate Adaptation and Finance for Resilience.” With a total budget of $10 million, the project is scheduled for implementation between 2025 and 2029.
The initiative aims to enhance Hue’s climate adaptation capacity through three primary pillars: Implementing ecosystem-based solutions; Improving early warning systems; and Promoting innovative financial models to support climate-resilient agricultural value chains.
The meeting marked a significant transition from the preparatory phase to full-scale implementation, following a comprehensive mid-term assessment involving various relevant agencies. This assessment served as a foundation to review and refine project components to ensure they align with local conditions.
Following discussions, all parties agreed to adjust the implementation framework. The project will now prioritize specialized technical coordination over traditional administrative mechanisms to ensure higher efficiency.
A key highlight of the project is a shift in forestry strategy. Rather than focusing solely on new afforestation, the project will adopt a flexible approach that includes assisted natural regeneration, forest enrichment, and the restoration of degraded forests. Particular emphasis will be placed on developing native plant species that are highly adaptable to the local climate and coastal sandy terrain.
Furthermore, the project seeks to develop agricultural markets and value chains by positioning businesses and cooperatives as lead players. This strategy is expected to enhance economic efficiency and ensure the long-term sustainability of the region’s agricultural sector.
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