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Green Climate Fund Projects

Vietnam REDD-plus results-based payments for results period of 2014

Gender assessment for FP294: Vietnam REDD-plus results-based payments for results period of 2014

Gender action plan for FP294: Vietnam REDD-plus results-based payments for results period of 2014

Project Approved

Under Implementation

Viet Nam is home to one of Southeast Asia’s most ecologically significant forest landscapes, playing a critical role in sustaining biodiversity, regulating ecosystems, and supporting livelihoods. However, forests have diminished in quality and coverage over the past several decades due to deforestation and forest degradation, contributing to increased greenhouse gas emissions, with the forestry and land-use sector remaining a predominant source.

Viet Nam has made strong commitments under the REDD+ framework to reduce emissions from deforestation and forest degradation, including the implementation of the National REDD+ Action Programme, and the development of key systems such as the National Forest Monitoring System and the Forest Reference Emission Level. Following an assessment under the UNFCCC that verified Viet Nam's 2014 emission reductions of 18.72 million tonnes, the country became eligible to access results-based payments (RBP) under GCF’s REDD+ Pilot Programme.

The RBP proceeds will be reinvested through a project targeting six provinces (Phu Tho, Son La, Dien Bien, Lai Chau, Lao Cai, and Tuyen Quang) to tackle the drivers of deforestation and forest degradation. By integrating conservation, restoration, and livelihood measures at scale, the project aims to reduce emissions, enhance forest carbon stocks, and build resilience for local communities. Activities include strengthening institutional and regulatory systems for low-emission planning and development, improving the management of land and forest areas to support emissions reductions, and enhancing the value of forests to strengthen local socio-economic development.

By reinvesting payments into the country's most climate-vulnerable and emission-sensitive landscapes, the project ensures compounding benefits — protecting ecosystems, supporting communities, and advancing Viet Nam's NDC and national REDD+ targets toward 2030.

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

People who are less able to respond to the effects of climate change due to having limited financial or physical assets

Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

Dedicated pool of financial resources for climate-related projects.

Using laws and the legal system more broadly to protect vulnerable entities

Aligning the skills of the workforce with the requirements of the just transition.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Actions or measures to adapt terrestrial systems to climate change.

Analysing climate change as a political and ethical issue, recognising how it -- and the exploitation of natural resources broadly -- impacts people, communities and countries differently and disproportionately.

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

Social inclusion is the process of improving the terms on which individuals and groups take part in society—improving the ability, opportunity, and dignity of those disadvantaged on the basis of their identity.

People with different national or cultural traditions from the dominant population

Social and cultural groups that share collective ancestral ties to the lands and natural resources where they live, occupy or from which they have been displaced

woman and genders outside of the gender binary

This sector involves activities that impart knowledge and skills to individuals, including formal schooling, vocational training and educational support.

This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

Activities that relate to the production of goods and services from forests.

the fair distribution of risks and opportunities of climate change and the transition to a regenerative economy, cognisant in particular of disproportionate impacts on vulnerable communities and the working class

Procedural justice means ensuring that decision making is fair and inclusive, emphasizing the agency and influence of vulnerable groups and those most impacted.

Gender action plan for FP294: Vietnam REDD-plus results-based payments for results period of 2014

Risk

Impacted group

Just transition

Economic sector

Adaptation/resilience

Finance

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility