Fact Sheet: Climate Change

Speeches Shim

COUNTRY CONTEXT OVERVIEW

With its long and densely populated coast, the World Bank has ranked Vietnam among the top five countries likely to be most affected by climate change. A high proportion of the country’s 96 million people and economic assets are located in coastal lowlands and deltas, which are subject to frequent typhoons, floods, droughts, and landslides. The energy sector is responsible for more than half of its greenhouse gas (GHG) emissions, followed by agriculture, industrial processes, and waste. USAID is working to help Vietnam achieve long-term, low emission, climate resilient economic development while protecting the environment and vulnerable communities.

GOVERNMENT OF VIETNAM CLIMATE PRIORITIES

As one of the world’s most vulnerable countries to the impacts of climate change, the Government of Vietnam (GVN) prioritizes climate adaptation. Although Vietnam is currently a modest GHG emitter, the country is keen to address growing emissions. The climate change strategy, approved by the Prime Minister in 2012, focuses on climate change adaptation in the initial phase and also emphasizes that, for an effective climate response, GHG emission reduction must be carried out simultaneously.

Vietnam's updated Nationally Determined Contribution from September 2020 states that the country will reduce its GHG emissions with its own domestic resources by 9 percent by 2030, and by up to 27 percent with international support. Vietnam also aims to (1) improve adaptation efficiency through strengthening state management and resources; (2) enhance resilience and adaptive capacity of communities, economic sectors and ecosystems; and (3) reduce disaster risks and minimize damage.

USAID’S CLIMATE CHANGE PROGRAM: OBJECTIVES AND RESULTS

USAID supports the GVN’s development and climate priorities through a series of programs and partnerships on adaptation, reducing environmental pollution, renewable energy, and sustainable landscapes.

  • Adaptation

USAID supports programs in Vietnam that increase resilience of climate vulnerable communities in the disaster-prone coastal areas, which suffer from sea-level rise, salinity intrusion, and storm surges. USAID programs assist Vietnam’s transition to a green economic development model, and foster collective local action to address air pollution and other environmental health issues.

  • Renewable Energy

USAID supports Vietnam’s transition to a more clean, secure, and market-based energy sector by improving the enabling environment for deployment of advanced energy systems; mobilizing public and private sector investment for renewable energy; and improving energy sector planning and operational practices as the country transitions from a coal-based power system to a cleaner system based on renewable energy and natural gas.

  • Sustainable Landscapes

Vietnam has 14 million hectares of natural and plantation forests, covering 38 percent of its land area. Nearly 25 million people rely on forests for their livelihoods, placing pressure on resources. USAID supports Vietnam’s forest management by facilitating domestic resource mobilization such as the payment for forest environmental services (PFES) system. USAID supports strengthening community forest management, developing conservation-friendly enterprises for forest dependent communities, and building forest management capacity.

Key Results

RENEWABLE ENERGY RESULTS

  • Vietnam grew from producing less than 10 megawatts of solar power in 2017 to 16,500 gigawatts of solar power by December 2020, with solar energy now making up nearly 24 percent of the country’s power capacity.

  • Vietnam’s draft Power Development Plan #8 specifies how the country will reduce coal power from 34 percent to 27 percent by 2030, and increase wind power from almost zero to 8.1 percent of total power generated in Vietnam.

SUSTAINABLE LANDSCAPES RESULTS

  • USAID support to the Payment for Forest Environmental Services (PFES) financial mechanism has helped Vietnam generate approximately $720 million in revenue to support the protection of roughly 6 million hectares of natural forests (approximately 42 percent of total Vietnam’s forest cover); annual revenues from PFES account for 22 percent of the total budget for Vietnam’s forestry sector; and, between 2011 and 2020, forest cover increased by 3 percent.

Issuing Country 
Date 
Monday, May 24, 2021 - 11:15pm

Last updated: May 24, 2021