Building Climate Resilience for Farmers
The World Bank’s Board of Executive Directors approved US$310 million to help Vietnam build climate resilience and ensure sustainable livelihoods of 1.2 million people living in nine Mekong Delta provinces affected by climate change, salinity intrusion, coastal erosion, and flooding.
The approved Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project supports better climate-smart planning and improved climate resilience of land and water management practices. The project will benefit farmers (especially rice) in the upper delta provinces and aquaculture farm and fisher-folk households along the coastal provinces in the region, including the Khmer ethnic minority people living in Soc Trang and Tra Vinh provinces.
The project is a critical part of the World Bank’s long-term engagement in the Mekong Delta to strengthen integrated adaptive delta management by bringing together the different sectors and provinces to plan, prioritise, and implement resilient investments. The estimated total cost for the project is US$387 million. The International Development Association (IDA), the World Bank’s fund for the poorest, is financing US$310 million.
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