Partners of the Natural Capital Platform

There is already quite some interest and expertise on Natural Capital, ecosystems services and environmental accounting in Viet Nam, also thanks to several donor funded programmes and associated training. Information and data that could be used in advancing this agenda is potentially available, but dispersed, not always accessible to intended users and of unknown quality. This platform constitutes an opportunity to gather and thereby strengthen the Natural Capital-related resources in Vie Nam, an endeavor worth and in need of being supported. The following partners already do so:

ADB

Viet Nam was one of the founding members of the Asian Development Bank (ADB) in 1966. ADB supports Viet Nam’s socioeconomic development through financing of infrastructure and human resource development, by promoting sustainability of development through improved responses to environmental degradation and climate change, social inclusion, and gender equity, and by enhancing policy enforcement and institutional capacity such as finance sector development, public sector management, and governance. ADB also actively supports Viet Nam’s participation in regional cooperation and integration initiatives, particularly the Greater Mekong Subregion (GMS) program.

With the aim of integration of environmental sustainability and climate resilience considerations into the GMS Economic Cooperation Program (ECP), the Core Environment Programme (CEP), facilitated by ADB, has been implemented in GMS countries, including Viet Nam. It ensures the sustainable use of the subregion’s natural capital and of achieving the right balance between natural resource consumption and maintenance of economically critical environmental services.

Additionally, ADB also collaborated with relevant stakeholders in Viet Nam to implement a number of projects in the field of natural resources management and environmental protection.

As one of key development partners, ADB will support ISPONRE to establish the Natural Capital Platform in Viet Nam with the main objective of improving awareness raising for the importance of natural capital for green growth among relevant stakeholders, and contribute to increased investments in natural capital and advancing sustainable development in Viet Nam.

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Viet Nam enjoys a strong and solid partnership with Germany and is now one of Germany’s most important partners for international cooperation in Asia. GIZ has been working in Viet Nam for more than 20 years.

On behalf of the German Government, GIZ provides advisory services to the Government of Viet Nam and is currently engaged in three priority areas, out of which one is the area of Environmental Policy and Sustainable Use of Natural Resources. GIZ is contributing to the conservation of biodiversity and forest ecosystems by improving the management of protected areas and promoting sustainable natural resource use. GIZ also supports climate change adaptation in coastal areas in the Mekong Delta through targeted action to foster sustainable development.

As part of its forest biodiversity project, for instance, the GIZ provides advisory support for the drafting of legal documents, including for conservation-oriented financing mechanisms (payment for environmental services, PFES), protected area management, and sustainable forest management. It also contributes the lessons learned from the projects in the provinces (incl. Phong Nha-Khe Bang project in Quang Binh Province) to the REDD+ process at the national level.

Also the GIZ-project on Strategic mainstreaming of ecosystem-based adaptation in Viet Nam aims to strengthen the awareness in Viet Nam for the values ecosystems provide us with. Supporting the Natural Capital agenda in Viet Nam thus constitutes a natural extension of the work the GIZ is already doing in the country.

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The Institute of Strategy and Policy of Natural Resource and Environment (ISPONRE) is the advisory and research organization under the Ministry of Natural Resources and Environment (MONRE). It was established in 2006 pursuant to Decision No. 1237/QD-TTg. It has the function of researching, proposing and developing strategies and policies in the areas of MONRE’s mandate; conducting scientific and technological researches and providing consultancy services, training courses on natural resource management and environmental protection.

Over the ten years since its foundation, ISPONRE has been developing and expanding its operation scale within its functions continuously.

The Institute has highly qualified human resources, since it recruits professional staff educated at renowned national and international universities. Furthermore, ISPONRE has been developing a partnership network of experts with other institutes, research centers and national and international universities working in the field of natural resources and environment.

HSF

The Hanns Seidel Foundation (HSF) is a German political foundation associated with the Christian Social Union (CSU) which is based in Munich, Germany. HSF has been working in Viet Nam for two decades and has been strengthening its cooperation with Vietnam for a sustainable social and economic development and for environmental awareness.

Since 2011, HSF has cooperated with the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) of the Ministry of Natural Resources and Environment (MONRE) with the aim of developing national strategies and policies for environmental protection and sustainable green growth.

Over the last years, HSF in collaboration with ISPONRE has organized a number of relevant workshops and policy dialogues, e.g. on Ecological Function Zoning, Climate Change, Environmental Performance Index (with UNDP), Green Growth and others, in order to influence policy and decision making in Viet Nam in the direction of sustainable development.

Currently, HSF is focusing on the adoption of the Sustainable Development Goals (SDGs), which promote sustainable development after 2015.

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The World Bank (WB) is one of the world’s largest sources of development solutions and aims to support people in helping themselves and their environment by sharing knowledge and providing financial and technical assistance.

Since 1993, WB has cooperated with Viet Nam to contribute to achieving notable results in transitioning to a market-based economy. In Viet Nam, WB focuses on creating sustainability in development, strengthening competitiveness within the regional and global economy and broadening access to opportunity. WB also supports Viet Nam in eliminating extreme poverty and boosting shared prosperity.

In 2012, WB in collaboration with ISPONRE developed the Viet Nam Natural Capital Accounting (NCA) Roadmap up to 2020, with the main priorities of environmental accounting, setting a timeframe, as well as creating institutional arrangements to bring together all the stakeholders, and Viet Nam’s future engagement in the NCA agenda.

The NCA Roadmap is built on the successful development of forest satellite accounts supported by the World Bank TA ‘Valuing the Forests – an application of Natural Capital Accounting (NCA) in Viet Nam’, funded by the VNCLIP trust fund, which has built expertise in NCA and promotes the creation of cross-sectoral commitment and an institutional structure to develop further national accounts.

UNDP

Through policy advice and technical assistance to national and sub-national institutions, UNDP is a leading partner for sustainable development. UNDP’s support is focused on five main areas of work: climate change and green growth, energy efficiency, REDD+, biodiversity conservation and environmental management as well as disaster risk reduction.

During the past years, UNDP has been supporting Viet Nam in the development and implementation of key national policies and strategies including the Law on Environmental Protection (2005) and the revision of this Law, the Law on Biodiversity (2008), the Climate Change Strategy (2011), the National Target Programme to Respond to Climate Change, the Viet Nam Green Growth Strategy (2012), the Party’s Resolution on Climate Change, Natural Resources and Environmental Protection (2013), the National Strategy for Environmental Protection until 2010 and Vision toward 2020, etc. UNDP also enabled the production of Viet Nam’s climate change scenarios (2011).

Currently, UNDP is supporting ISPONRE in the implementation of two GEF projects aiming to improve environmental protection and biodiversity conservation (Project on Enhancing Capacity for Implementing Rio Conventions and Project on Conservation of Critical Wetland Protected Areas and Linked Landscapes). UNDP also supports ISPONRE to establish the Natural Capital Platform in Viet Nam which contributes to increased investments in natural capital and advancing sustainable development in Viet Nam.