Climate Change and Green Growth in Vietnam

Abstract*

The development objectives of Climate Change and Green Growth Project for Vietnam are: a) improving inter-sectoral coastal planning and public investment finance programming across selected key sectors in support of climate change and green growth action; (b) developing and safeguarding selected natural resources services; and (c) promoting selected cleaner production systems. This program document describes the first, single tranche operation for... Show More

Development Objective

The program development objective is to (a) improve inter-sectoral coastal planning and public investment finance programming across selected key sectors in support of climate change and green growth action; (b) develop and safeguard selected natural resources services; and (c) promote selected cleaner production systems.

Key Details

Project Details

Project ID
P155824
Status
Closed
Team Leader
Stephen Ling , Thu Nguyen
Borrower 2
State Bank of VIetnam

Country
Viet Nam
Disclosure Date
March 3, 2016
Approval Date
(as of board presentation)
June 24, 2016
Effective Date
November 28, 2016

Total Project Cost 1
US$ 90.00 million
Implementing Agency
Ministry of Environment and Natural Resources, Socialist Republic of Vietnam
Region
East Asia and Pacific
Fiscal Year 3
2016

Commitment Amount
US$ 90.00 million
Environmental Category
N/A
Last Update Date
July 16, 2024
Closing Date
June 30, 2017

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change120%
- FY17 - Adaptation40%
- FY17 - Mitigation80%
FY17 - Environmental policies and institutions20%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	90.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	90.00
IBRD + IDA Commitment	90.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	90.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 15, 2018	IDA-58760	Int Charges	27,539.93
Dec 15, 2018	IDA-58760	Int Charges	300,832.06
Dec 15, 2018	IDA-58760	Int Charges	300,832.06
Dec 15, 2018	IDA-58760	Int Charges	547,286.70
Dec 15, 2023	IDA-58760	Int Charges	277,131.25
Dec 15, 2023	IDA-58760	Int Charges	380,182.34
Dec 15, 2023	IDA-58760	Loan Repay	55,436.01
Dec 15, 2023	IDA-58760	Loan Repay	2,754,189.50
Jun 15, 2024	IDA-58760	Int Charges	80,291.12
Jun 15, 2024	IDA-58760	Loan Repay	2,761,072.80
Jun 15, 2024	IDA-58760	Int Charges	261,988.16
Jun 15, 2024	IDA-58760	Int Charges	261,988.16
Jun 15, 2024	IDA-58760	Int Charges	433,288.60
Jun 24, 2016	IDA-58760	Loan Commitment	90,000,000.00
Dec 15, 2021	IDA-58760	Loan Repay	2,926,449.50
Dec 15, 2021	IDA-58760	Int Charges	332,551.10
Dec 15, 2021	IDA-58760	Int Charges	332,551.10
Dec 15, 2021	IDA-58760	Int Charges	554,251.80
Dec 15, 2021	IDA-58760	Int Charges	6,634.10
Dec 15, 2022	IDA-58760	Int Charges	347,288.97
Dec 15, 2022	IDA-58760	Int Charges	295,983.78
Dec 15, 2022	IDA-58760	Int Charges	295,983.78
Dec 15, 2022	IDA-58760	Loan Repay	93,696.06
Dec 15, 2022	IDA-58760	Loan Repay	2,695,016.20
Jun 15, 2023	IDA-58760	Int Charges	146,436.45
Jun 15, 2023	IDA-58760	Loan Repay	2,796,717.20
Jun 15, 2023	IDA-58760	Int Charges	286,345.72
Jun 15, 2023	IDA-58760	Int Charges	286,345.72
Jun 15, 2023	IDA-58760	Int Charges	477,242.88
Dec 15, 2023	IDA-58760	Int Charges	277,131.25
Jun 15, 2021	IDA-58760	Int Charges	16,972.82
Jun 15, 2021	IDA-58760	Int Charges	342,702.38
Jun 15, 2021	IDA-58760	Int Charges	564,334.00
Jun 15, 2021	IDA-58760	Int Charges	342,702.38
Jun 15, 2022	IDA-58760	Loan Repay	2,748,870.00
Jun 15, 2022	IDA-58760	Int Charges	306,674.03
Jun 15, 2022	IDA-58760	Int Charges	306,674.03
Jun 15, 2022	IDA-58760	Int Charges	511,123.38
Jun 15, 2022	IDA-58760	Loan Repay	41,958.74
Jun 15, 2019	IDA-58760	Int Charges	11,976.10
Jun 15, 2019	IDA-58760	Int Charges	11,976.10
Jun 15, 2019	IDA-58760	Int Charges	317,429.38
Jun 15, 2019	IDA-58760	Int Charges	317,429.38
Jun 15, 2019	IDA-58760	Int Charges	549,009.06
Dec 15, 2019	IDA-58760	Int Charges	4,559.30
Dec 15, 2019	IDA-58760	Int Charges	4,559.30
Dec 15, 2019	IDA-58760	Int Charges	325,027.12
Dec 15, 2019	IDA-58760	Int Charges	325,027.12
Dec 15, 2019	IDA-58760	Int Charges	540,827.10
Jun 15, 2020	IDA-58760	Int Charges	539,261.56
Jun 15, 2020	IDA-58760	Int Charges	8,454.56
Jun 15, 2020	IDA-58760	Int Charges	328,457.72
Jun 15, 2020	IDA-58760	Int Charges	328,457.72
Dec 15, 2020	IDA-58760	Int Charges	8,515.17
Dec 15, 2020	IDA-58760	Int Charges	342,419.00
Dec 15, 2020	IDA-58760	Int Charges	342,419.00
Dec 15, 2020	IDA-58760	Int Charges	553,739.50
Jun 23, 2017	IDA-58760	Loan Disb	87,566,504.00
Jun 30, 2017	IDA-58760	Loan Disb	33,944.13
Dec 15, 2017	IDA-58760	Int Charges	321,752.53
Dec 15, 2017	IDA-58760	Int Charges	321,752.53
Dec 15, 2017	IDA-58760	Int Charges	536,254.25
Jun 15, 2018	IDA-58760	Int Charges	430.79
Jun 15, 2018	IDA-58760	Int Charges	430.79
Jun 15, 2018	IDA-58760	Int Charges	335,575.50
Jun 15, 2018	IDA-58760	Int Charges	335,575.50
Jun 15, 2018	IDA-58760	Int Charges	560,010.50
Dec 15, 2018	IDA-58760	Int Charges	27,539.93

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2017-06-20
Progress towards achievement of PDO	Satisfactory	2017-06-20
Monitoring and Evaluation	Satisfactory	2017-06-20
Overall Implementation Progress (IP)	Satisfactory	2017-06-20

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2019
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 05-22-2020	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Modest	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Not Rated	N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Pillar 1, Policy track 1.1: 1) Number of coastal provinces that have adopted their provincial integrated coastal zone management programs and are under early implementation	Value	0	5 coastal provinces (20% of coastal provinces)
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 3, Policy track 3.2: 1) Percentage energy saved in selected end-use sectors as compared with BAU case	Value	Projected trend of annual energy use of selected e	3.2% energy saved for selected industrial segments
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 3, Policy track 3.2: 2) Percentage increase in installed capacity of grid-connected non-hydro renewable energy Value 0% (270 MW) 250% (960 MW)
Date January 29, 2016 December 31, 2019
Comment

Pillar 1, Policy track 1.2: 1) Number of priority sectors and provinces for which CC&GG investment programs identified, reported to, & information used by the NCCC to review progress in implementing p	Value	0 sector; 0 province	3 sectors; 8 provinces
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 1, Policy track 1.2: 2) Percentage increase in the number of projects and programs meeting climate change and green growth policy objectives in selected sectors and provinces	Value	0%	15% increase
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 2, Policy track 2.1: 1) Number of provinces with water source protection corridors delineated on maps and with an action plan to address threats to the integrity of these protection corridors (	Value	0	6 provinces (10% of provinces)
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 2, Policy track 2.1: 2) Number of hectares of farms utilizing more advanced and efficient irrigation practices for selectedcrops	Value	50000.00	0.00	400000.00
	Date	January 29, 2016		December 31, 2019
	Comment

Pillar 2, Policy track 2.2: 1) Percentage increase of coastal forest area Value 0% 10% increase
Date January 29, 2016 December 31, 2019
Comment

Pillar 2, Policy track 2.2: 2) Percentage reduction of the annual rate of net emissions (accounting for reduction in emissions and increase in sequestration as a result of changes in forest cover and	Value	0 [reference is the average annual rate of net emi	7% of reduction of annual rate of net emission in
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 3, Policy track 3.1: 1) Number of city AQM plans adopted Value 0.00 0.00 3.00
Date January 29, 2016 December 31, 2019
Comment

Pillar 3, Policy track 3.1: 2) Percentage of enterprises in 6 sectors/industries that are part of and report to the emission registry (in conformance with the reporting criteria defined in the DPF 2 C	Value	0.00	0.00	60.00
	Date	January 29, 2016		December 31, 2019
	Comment

Pillar 3, Policy track 3.1: 3) Percentage of NOx emission reductions in light-duty road transport in target year as compared to a business-as-usual (BAU) case	Value	Projected trend under BAU case in target year	6.85% reduction
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 3, Policy track 3.2: 2) Percentage increase in installed capacity of grid-connected non-hydro renewable energy	Value	0% (270 MW)	250% (960 MW)
	Date	January 29, 2016	December 31, 2019
	Comment

Pillar 2, Policy track 2.2: 1) Percentage increase of coastal forest area	Value	0%	10% increase
	Date	January 29, 2016	December 31, 2019
	Comment