| COMPANY PROFILE
Water and Natural Resources Management (WARM) Facility is a 20-million euro grant from the European Union (EU) entrusted to AFD Vietnam for implementation to actualize commitments of #TeamEurope in supporting Vietnam in water and natural resources management to adapt to climate change.
In coordination with Vietnamese central and local authorities, AFD will mobilize the WARM Facility to prepare and implement investment projects co-financed by AFD loans and Vietnam’s own resources over the period 2021-2029 for an estimated total amount of 200 million euros.
WARM Facility lasts for 9 years (May 2015 – May 2029) and supports the preparation and implementation of strategic infrastructure investment projects in the areas of water and natural resources management in response to key local challenges such as flooding and coastal erosion, exacerbated by climate change. In addition, the experience gained from these projects will contribute to the policy dialogue on climate, environment and natural resource management.
This facility is the first of its kind to be granted by the EU and implemented by AFD in Vietnam. This innovative programmatic approach allows for greater efficiency and project quality, serving programming that is aligned with the priorities of the Vietnamese government and AFD.
WARM Key info:
- 20M Euros grant by EU;
- 200M Euro loan by AFD;
- 9 years implementation period (2021-2029);
- 8 provinces (Bac Kan, Dien Bien, Son La, Quang Tri, Quang Nam, Ninh Thuan, Hau Giang, Ca Mau);
- 3 thematic topics: (i) Resilience of cities and territories to climate change and natural hazards, (ii) Integrated coastal zone management, (iii) Integrated water resource management