Debt-for-development swap programme

On going
Geographical Area Vietnam
Sector Environment
Financing

Total: €7,905,254

€7,695,254 value of swapped debt +
€210,000 Italy’s grant for TA

Planned Conclusion 2020

Project aim

The programme originates from the agreement between Vietnam and Italy to convert the existing debt into development projects in Vietnam.

As Vietnam is among the 10 countries in the world most affected by the effects of Climate Change, the debt-swap fund will finance projects focusing on sustainable energy, energy efficiency, sustainable water resources management and saline intrusion.

Executing agency

Ministry of Finance

Other Partners:

Degree of implementation