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| # Finance for resilience | |
| In execution | |
| © D&D Media | |
| ## Preview | |
| ### Donor(s) | |
| - Luxembourg | |
| ### Implementation period | |
| 09.12.2024 - 30.11.2026 | |
| ### Total duration | |
| 24 months | |
| ## Projet aim | |
| The project Finance for resilience aims to **enhance the climate and economic resilience of farmers and small businesses in Thua Thien Hue province, in Vietnam**. | |
| ## The project focuses on empowering women through: | |
| ### Climate-smart agricultural practices: | |
| Promotion of sustainable farming techniques that increase productivity and resilience to climate change. | |
| ### Strengthening inclusive finance and market access, including: | |
| Capacity building for Agribank in climate-smart agriculture finance and gender financing. The project marks the first collaboration with a commercial bank in Vietnam for development project implementation. Agribank will receive technical assistance and subsequently offer financial services to the project’s beneficiaries and beyond. | |
| Enhancing financial literacy, market access, and business management skills for farmers, cooperatives, traders, and aggregators. | |
| ### Improving sector level knowledge and awareness | |
| Elevating understanding and practices among regulators (Banking Strategy Institution/ State Bank of Vietnam, Ministry of Finance), research and training institutions and social organisations through exposure to knowledge-sharing opportunities and international best practices in financial inclusion and climate-smart financing. | |
| ## Project intervention strategy | |
| The project is strategically designed to complement the Green Climate Fund funded CARe Hue project, specifically in supporting access to climate-smart agriculture financing, a crucial component of Thua Thien Hue’s strategy for climate change adaptation. | |
| The project is a pivotal step towards building a resilient agricultural sector in the province, addressing climate challenges, and promoting economic stability with a gender-inclusive approach. By leveraging partnerships with public and private actors and research institutions and focusing on sustainable practices, the project sets a precedent for future climate adaptation and financial inclusion initiatives in Vietnam. | |
| ## Sustainable Development Goals | |
| - | |
| #### 05. Gender equality | |
| - | |
| #### 08. Decent work and economic growth | |
| - | |
| #### 13. Climate action | |
| ## Budget | |
| ### Total budget | |
| EUR 2,000,000 | |
| ### Contribution breakdown | |
| - | |
| EUR 2,000,000 | |
| Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade | |
| ## Explore more | |
| LuxDev implements other projects and programmes in the same country or sector. | |
| All projects- | |
| In execution Vietnam | |
| ### CARe Hue - Climate change adaptation and resilience in Thua Thien Hue Province | |
| Environment and climate change | |
| CARe Hue - Climate change adaptation and resilience in Thua Thien Hue Province - | |
| In execution Niger | |
| ### Support programme for financial inclusion development (PADIF) | |
| Impact finance | |
| Support programme for financial inclusion development (PADIF) - | |
| In execution Rwanda | |
| ### Support to Intego, Rwanda’s nationally determined contribution facility | |
| Impact finance | |
| Support to Intego, Rwanda’s nationally determined contribution facility |