HCMC – The European Union is funding a biodiversity protection and environmental sustainability project in central Vietnam, which will focus on the establishment and operation of a conservation foundation and finance 21 biodiversity conservation initiatives.
With the EU’s contribution of 600,000 euros, the “Establishing a funding foundation for biodiversity protection and environmental sustainability” project is being jointly implemented by GreenViet and the Gustav-Stresemann Institute until the end of 2023.
“The Covid-19 pandemic has again shown us the importance of living in harmony with nature. We are convinced the project will bring tangible results on biodiversity conservation through the effective operation of the foundation,” Jesus Lavina, deputy head of Cooperation at the EU Delegation to Vietnam, said at the launch ceremony last week.
The project will help diversify financing resources for Vietnamese entities including 50 groups and organizations working in biodiversity conservation and environmental protection and fund 21 biodiversity conservation initiatives.
It will also help build capacity for raising awareness and cooperation among businesses and individuals to provide sustainable funding for conservation, communication and education, patrolling and monitoring to protect the red-shanked douc langurs, the endangered primates in the Son Tra Peninsula.
According to Bui Thi Minh Chau, representative of the Gustav-Stresemann Institute, the project offers a unique initiative that researches and develops feasible mechanisms for businesses, the local community and domestic and international tourists to participate in the conservation of nature and environmental protection in the central region.
The project is carried out in collaboration with the Vietnam Nature Conservation Fund, the Vietnam Chamber of Commerce and Industry in Danang City, the Management Board of Son Tra Peninsula and Danang Tourism Beaches and Danang City’s departments of Tourism, Natural Resources and Environment and Agriculture and Rural Development.
