Windows Windows
Launching the project Disaster Risk Financing for Hue City
- » Japan supports more than 400 billion VND for preventing natural disasters in the Huong river basin
- » Planning irrigation to adapt to climate change
- » Launching Tsunami disaster preventing campaign in students
- » LMI DREE 2017 in Hue to boost regionalflood response
- » Training in environmental protection and disaster risk reduction for religious organizations
- » JICA supports Thua Thien Hue in developing green and sustainable urban
On the morning of October 10, the Asian Development Bank (ADB) held a ceremony to launch a project Disaster Risk Financing for Hue City.
Vice Chairman of the Provincial People’s Committee Nguyen Van Phuong speaking at the launching ceremony
The project Disaster Risk Financing for Hue City is supported by the Urban Climate Change Resilience Trust Fund (UCCRTF) managed by the ADB. The main partners coming from the government of the United Kingdom, the Department for International Development (DFID), the Swiss Government, the Swiss Secretariat for Economic Affairs (SECO) and Rockefeller Fund. The fund aims to mitigate the risks for urban communities that are vulnerable to climate change and natural disasters.
The goals of the projects are to ensure cost-effective insurance. It is necessary to know well the characteristics of risky public assets, the capacity of the local insurance market, as well as the legal environment for insurance and the awareness of decision-makers of public authorities on the value and applicability of insurance.
There are 4 main contents of this project including planning model and analyzing risky and high-value public assets, the applicability of natural disaster insurance in Vietnam and Hue city; designing the structure of natural disaster insurance to provide cost-effective insurance with wide coverage; developing capacity and disseminating knowledge to decision-makers.
Mr. Nguyen Van Phuong, Vice Chairman of the Provincial People’s Committee said that launching the project “Disaster Risk Financing for Hue City” will support Thua Thien Hue province in collecting documents on public assets in the city area. Thence, providing appropriate financial tools for disaster risks such as insurance, credit and capital environment to provide finance for the relief, rapid recovery and reconstruction after natural disasters.
According to Mr. Phuong, the project will play a very important contribution in reducing the risks caused by disasters to high-value assets in the city area, ensuring the rapid recovery after disasters and minimizing impacts on people’s livelihood, stabilizing the socio-economic situation of the localities.
Source: www.thuathienhue.gov.vn
- Hue Festival: A special festival, with unforgettable experiences (01/07)
- Kid Francescoli stirring up Hue (29/06)
- Government of France to keep on accompanying Hue in cultural promotion activities (26/06)
- Danish Film Weeks return to Hue (18/06)
- Introducing the process of preserving and restoring Phung Tien Palace (18/06)
- Thai corporations wish to cooperate and invest in the province (14/06)
- Consolidating and developing the friendly relationship between Thua Thien Hue and Sekong (12/06)
- “Cycling - The story of a green road” (08/06)
-
Hue Festival: A special festival, with unforgettable experiences
-
Kid Francescoli stirring up Hue
-
Government of France to keep on accompanying Hue in cultural promotion activities
-
Danish Film Weeks return to Hue
-
Introducing the process of preserving and restoring Phung Tien Palace
-
Thai corporations wish to cooperate and invest in the province
-
Consolidating and developing the friendly relationship between Thua Thien Hue and Sekong
-
“Cycling - The story of a green road”
-
Vietnam - China to further strengthen the cooperation relationship
-
Opening of KOICA Project Office in Hue