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Vietnam must scale-up budget for climate change adaptation

HANOI — Việt Nam increased its public expenditure for climate change in 2016-2020, however, more investment is needed to address climate risks and to mobilise more support from international and private sources, according to experts at a workshop held on Friday.

The Ministry of Planning and Investment and the United Nations Development Programme (UNDP) in Việt Nam launched a report on Climate Public Expenditure and Investment Review of Việt Nam at the workshop.

The report reviews the climate change budgets of six ministries and 28 provinces, as well as Cần Thơ City, between 2016-2020.

The majority of climate budgets from ministries and provinces in Việt Nam between 2016 and 2020 was for climate change adaptation, however, it was not sufficient enough to address the climate risks that the country face, according to the report.

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