VIETNAM – COUNTRY CLIMATE AND DEVELOPMENT REPORT
The Vietnam Country and Climate Development Report (CCDR) is one of the first in a series of country-level diagnostics developed by the World Bank Group under its 2021–2025 Climate Change Action Plan and serves to examine the adaptation and mitigation challenges faced by specific countries. It pays special attention to policy trade-offs and provides recommendations to help policymakers prioritize among a range of options, providing a tool that allows dealing with uncertainties about future climate change impacts and the availability of technology and financing.
Specifically, the CCDR provides guidance to the Government of Vietnam in regard to the following questions: How intensively should Vietnam work to adapt to previous and predicted damages caused by climate change, given the uncertainty of global mitigation efforts? How much will it cost to reduce GHG emissions? How can the private sector be mobilized to help achieve Vietnam’s climate goals? Are there trade-offs between adaptation and mitigation investments? Are there trade-offs between economic growth, poverty reduction, and climate action, and how can they be managed? Which sectors and regions should be prioritized? What are the distributional implications of a low-carbon, climate-resilient growth path?
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