Industrial emissions contribute to environmental pollution and climate change. Photo: Internet

The project aims to support entrepreneurs, small and medium enterprises to develop technological solutions and enhance business activities in the field of green growth through the establishment and operation of the innovation center to deal with climate change.

Principal activities of the project consists of three components: 1-establish, organize, operate and support VCIC Center to develop innovative policies to deal with climate change; 2-business nurse services, nursing climate change response technologies, including funding for enterprises; 3-build electronic information website, the database and business support services.

The project supports management agency to establish and operate VCIC center effectively based on self-control and self-responsibility; building policy framework to support private investment sector; increasing the number of business and technology innovation ideas to cope with climate change; gradually form climate change response technologies; establishing a electronic information database of technologies, experts, investors and technology enterprises in the field of climate change.

Climate change response cooperation. Source: Internet

The project will be carried out from August /2015 to July/2019 with a total budget of USD 4.18 million, in which ODA capital  is USD 3.8 million granted non-refundable aid from the World Bank,  Vietnam counterpart fund is USD 380,000 equivalent of VND 8 billion (be allocated from the central budget in the annual budget of Ministry of Science and Technology).