Add us as your preferred source on Google to see more of our content in Search.
Add to Preferred SourcesGEMMES will focus mainly on studying different aspects of damages caused by the climate change and evaluating its adaptive strategies.
The Ministry of Natural Resources and Environment and the French Development Agency (AFD) released a joint statement on the development of GEMMES program (Generalized Monetary Macroeconomics for the Ecological shift).
According to the officials, Vietnam will be the first nation who will be benefited from the program.
While through the GEMMES, the French government will help and support Vietnam in launching long-term strategies in response to climate change. The program will integrate and evaluate sectoral and local adaptation options which will manifest Vietnam’s determination in the Paris Agreement.
GEMMES will focus mainly on studying different aspects of damages caused by the climate change and evaluating its adaptive strategies.
The program heads will apply update research methods on climate change’s effects on the economy, so to release evaluations on damages and adaptation of Vietnam, said AFD Director Fabrice Richy, the evaluations results from the program will be used for identifying Vietnam’s status in negotiations on climate and optimizing adaption investment for localities.
The GEMMES research, initiated in 2015, has been carried out in Brazil, Ivory Coast Tunisia, and Colombia.
A memorandum of understanding on implementation of the Paris Agreement in Viet Nam was signed by the Minister of Natural Resources and the Environment Tran Hong Ha and Director General of the AFD Remy Gioux in Paris under the witness of President of France Emmanuel Macron and Party General Secretary Nguyen Phu Trong on the occasion of the Vietnamese Party chief’s official visit to France in March, 2018.
Original source: Devdiscourse
Published on 9 May 2018