Luxembourg strengthens co-operation in climate change and sustainable energy

16:50 | 15/11/2017
On November 14, 2017, Vietnamese Minister of the Planning and Investment Nguyen Chi Dung and Luxembourgian Minister for Development Co-operation and Humanitarian Action Romain Schneider signed the Framework Agreement on bilateral co-operation on behalf of the governments of the two countries, focusing on the fields of climate change and sustainable energy.
Luxembourg strengthens co-operation in climate change and sustainable energy
The new co-operation agreement will increase ODA mobility in climagte change and sustainable energy projects

Vietnam and Luxembourg have been maintaining diplomatic relations since 1973. The first development co-operation was established in 1993. From 1994 to 2015, Luxembourg provided EUR124 million ($146.4 million) to a total of 80 development projects in Vietnam under three General Co-operation Agreements.

At the signing ceremony, Minister Dung applauded the contributions of non-refundable ODA that the Luxembourgian government provided for Vietnam in the last two decades.

“Programmes and projects using non-refundable ODA from Luxembourgian government have promoted efficiency and positively contributed to Vietnam’s socio-economic development,” said Dung. 

Project name   Capital (Euro) Period
Irrigation Cao Bang—rational water consumption and agriculture 5,500,000 2014-2019
Climate Adapted Local Development and Innovation 8,000,000 2013-2017
Supporting the consolidation of the Vietnamese securities market and improving  training capacities 3,000,000 2014-2018
Technical assistance to the IFAD Tam Nong support project 2,000,000 2014-2017
Bac Kan vocational training and education 2,500,000 2016-2017
BBI scholarships 1,260,000 2016-2019
Some on-going projects

Minister Schneider said that the Luxembourgian government hopes to diversify the relations between the two countries in order to go beyond the traditional donor-recipient relationship and to base the bilateral partnership fully on an approach of exchange and mutual interest in the future.

The new bilateral co-operation agreement will allow for a broader and more diversified co-operation between the two countries. Various projects can be implemented through this co-operation agreement that allows for more variety in their nature and in co-operation with any ministry in Luxembourg.

The new co-operation agreement can therefore cover different topics, such as climate change, energy, medical research, banking and finance. The two projects that are in the pipeline on climate change and energy in co-operation with Luxembourg’s Ministry of Sustainable Development and Infrastructure are expected to be started soon after this agreement has been signed.

“Luxembourg’s financial contribution to Vietnam in 2017 will remain at a similar level as in the previous years,” said Minister Schneider.

Luxembourg strengthens co-operation in climate change and sustainable energy
The evolution of Luxembourg’s grant-based ODA in Vietnam. Source: The Ministry of Foreign and European Affairs of Luxembourg

 

By By Nguyen Huong

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