Project

VN13 MSWTE Finance Facility in Viet Nam

At a Glance

Strategic Outcomes SO1 Reduced GHG emission, SO2 Creation of green jobs, SO3 Increased access to sustainable services
Start Date Q1  Jan 07, 2021
End Date q1 Jan 07, 2024
Funding Source Earmarked, Core
Actual Budget (USD) 3,000,000
Budget Percentage %
Actual Expenditure (USD)
Status Active
GGGI Share (USD) 12,500
Poverty and Gender Policy Markers
Name of Client (Lead/Prime implementer if GGGI is part of a consortium)
Participating Organization (Funding/donor) EU Delegation in Vietnam
Name of consortium members, if any Ministry of Industry and Trade; Ministry of Natural Resources and Environment
Thematic Area
  • Green Cities
  • Sustainable Energy
GGGI Project Code : VN13
Project Manager and Staff +
Thinh Ngoc Tran

Senior Investment Officer, Viet Nam

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Jason Lee

Deputy Director and Head of Emerging Economies Asia & Viet Nam Country Representative

@jasonphd

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Municipal Solid Waste to Energy in Viet Nam

Project Context

Vietnam currently discharges 27.8 million tons of municipal solid waste per year, with an annual growth rate of 12%. Of which, big cities such as Hanoi or Ho Chi Minh discharge approximately 6,000 – 8,000 tons per day. Currently, the main waste treatment method in Vietnam is landfill dumping that is not hygienic. There is only 1 Waste to Energy (WTE) project in operation.

With GGGI Viet Nam’s technical assistance, EU Delegation supports Government of Viet Nam to scale up Municipal Solid Waste to Energy (MSWTE) investments in Viet Nam, increasing access to sustainable services (Strategic Outcome 3.3).

The project builds upon GGGI’s financial structuring of an MSWTE project in Viet Nam (Project VN3). Moreover, in 2021, GGGI will develop policy analysis based on this project, funded by core, to show “market potential” to donors and investors. Under GGGI’s 2021 activities, GGGI develops (1) a regional policy paper on MSW (to be completed by Q2/2021) and (2) scoping analysis on potential of MSWTE in Vietnam (to be completed by Q2/2021). The project also complements a regional project funded by the ASEAN Korean Trust Fund (ROA05).

Project Overview

The Project aims to

  1. Address policy barriers to MSWTE investment (FITs, tipping fees for the right technologies, master-planning guidelines for MSWTE projects), in partnership with MOIT/MOC and MONRE;
  2. Build an MSWTE investment pipeline through (a) developing provincial MSWTE master plans (which will identify potential projects in coordination with provincial investment departments and developers themselves); and (b) preparation of FS for specific projects identified in provincial MSWTE master plans; and
  3. Mobilize MSWTE investment commitments, through the establishment of a MSWTE Finance Facility.