Viet Nam Nature-based Solutions for Adaptation in Agriculture through Private Sector Transformation (VN-ADAPT) Programme

With much of its population reliant on agriculture, Viet Nam is highly vulnerable to climate change. ‘Nature-based solutions’ (NbS) can be suitable and cost-effective adaptation options. This project takes an innovative approach by focussing on market-based solutions and development of inclusive value-chains in partnership with the private sector. By partnering with a range of companies the project will accelerate the adoption of these solutions by farmers and cooperatives in their supply chains. Underlying barriers will be addressed, including better data and evidence, stronger public-private dialogues, enhanced institutional capacity and a more supportive policy and enabling environment for NbS for adaptation. A network of banks and impact investors will be supported to invest in and lend to households and companies needing finance, and the project will mobilise more investment by influencing design of forthcoming development loans and blended finance facilities.