WB Vice President Rachel Kyte made the statement at talks with the Vietnam National Committee on Climate Change headed by Deputy Prime Minister Hoang Trung Hai in Hanoi on August 25.
Vice President Kyte said the WB wants to help the Government build a comprehensive low-carbon emission development orientation and stands willing to financially back the nation to that end.
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Vietnam is actively restructuring the economy and renew its growth model, utilizing its potential and advantages to improve national competitiveness and effectiveness. A Green Growth Strategy is of great consequence and plays a decisive role in national sustainable development, he added.
During the talks, the two sides discussed challenges and difficulties for Vietnam in coping with climate change and outlined a number of measures to address climate change issues and raise the nation’s role at international forums on climate change.
Minister of Natural Resources and Environment Nguyen Minh Quang said during visit to Vietnam, Vice President Kyte and her entourage made a fact-finding tour of Ben Tre to better understand the situation in Vietnam.
Vice President Kyte is scheduled to meet with State and Government leaders to announce important policies in support of Vietnam in the near future.