Hanoi, Sept. 17 -- Vietnam will need an estimated 55-92 billion USD between 2021 and 2030 to fully implement its climate adaptation tasks, equivalent to 3-5% of the country's 2020 GDP, according to its updated National Adaptation Plan (NAP). With the state budget covering only a fraction of costs, Vietnam expects to mobilise an additional 2.7-6 billion USD annually from non-budget sources, a significant challenge that underscores the need for global partnerships in finance, technology, and capacity-building. Vietnam is among the 65 countries that have submitted their updated NAPs to the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC). The submission is not only a step to fulfil the country's international...
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