JICA Tops Foreign Organizations Supporting Vietnam’s Climate Change Response

The Japan International Cooperation Agency (JICA) is the most supportive foreign organization in working with Vietnam implement climate change programs over the past five years, providing $573 million so far. The amount accounts for 55.6% of total $1.03 billion soft loans and non-refundable credits for the Southeast Asian country since 2009, the year it started projects coping with climate change. The second biggest provider is the World Bank with $210 million, followed by the French Development Agency (AFD) with $140 million, the Export-Import Bank of Korea (KEXIM) with $90 million. Among the foreign organizations, the Canadian International Development Agency (CIDA), and the Australian Department of Foreign Affairs and Trade (DFAT) granted a combined $17 million. So far this year, foreign organizations have poured $224 million in this field. The country’s capital accounts for 64% of the total value spent for climate change response. (Cong An Nhan Dan – The People’s Security Oct 9 p1)