The US $3.5 million project will be phased-in over the next four years to legislate for sustainable finance, and to build management and responsibility processes, and collection and dissemination of knowledge about bio-diversity to society.
Vietnam is considered one of the countries rich in bio-diversity in the world. Vietnam is home to around 10% of species over the world though its area makes up less than 1% of the globe. Most reserves in Vietnam are subject to the amendment of “Bio-Diversity” Law.
Vietnam is also home to many reserves, such as national parks, natural reserves, wildlife and natural scenery reserves. However, similar to other developing countries, Vietnam is facing two threats of losing and degradation its natural ecosystems.
Thus, long-term solutions to bio-diversity preservation in Vietnam are to strengthen management effectiveness, assist sustainable finance and promote capacity of cadres.