Project

VN3 Vietnam Urban Green Growth Action, Phase II

At a Glance

Strategic Outcomes SO1 Reduced GHG emission, SO2 Creation of green jobs
Start Date Q1  20170101
End Date q4 20201231
Funding Source Core
Actual Budget (USD) 86,995
Budget Percentage 98%
Actual Expenditure (USD) 85,397
Status Complete
GGGI Share (USD)
Poverty and Gender Policy Markers poverty
Name of Client (Lead/Prime implementer if GGGI is part of a consortium) Provincial governmental authorities
Participating Organization (Funding/donor) Core funded
Name of consortium members, if any The Energy and Environment Partnership Program with the Mekong Region (EEP)
Thematic Area
  • Green Cities
GGGI Project Code : VN3
Project Manager and Staff +
Tero Tapio Raassina

Principal Investment Specialist

Private: Adam Ward

Country Representative, Viet Nam

Hanh Le

Country Representative, Viet Nam

Project Context, Objectives and Description

Municipal Solid Waste (MSW) management represents an urgent issue for large Vietnamese cities where waste treatment is mainly operated through basic unsanitary landfills. In Viet Nam, MSW is generally disposed in landfills which accounted up to 76-82% collected waste. MSWTE is considered as one of the top priority solutions for Viet Nam thanks to its 2-fold benefit: help to cope with the increase in MSW and generate electricity to meet the growth in energy demands.

 

The objectives of this project are to i.) Support the investment project which will, once implemented, divert waste from landfill disposal, provide a source of renewable energy, and reduce reliance on coal-fired power ii.) Enable policy, financial, institutional and social conditions that will facilitate further investments in bankable WTE projects.  Once completed, the project is expected to treat MSW in the capacity of 500 ton/day and to generate 10 MW of electrical power.

 

The project aligns with IO1. Strengthened national, sub-national and local green growth planning, financing and institutional frameworks’ and IO2. ‘Increased green growth investment flows which enable partner governments to implement green growth policies.

 

Type of services provided, and results achieved

Impact: Viet Nam reduces GHG emissions and increases green jobs and access to sustainable services.

 

Outcome: N/A

 

Project Outputs completed in 2019:

 

i. Green Growth Policies: N/A

 

ii. Green Investments:

  • Green Investments catalyzed: USD 28M mobilized in 2019 and USD32M in 2020. Term sheets signed and final financial closure scheduled in 2020. Commercial Operations Date (COD) of the plant is expected in 2022

 

iii. Capacity Building and Knowledge Products: N/A