First steering committee meeting of Finance for resilience project in Vietnam

On 11 July 2025, the project Finance for resilience, which aims to foster climate-smart agriculture and financial inclusion in Hue city, convened its first steering committee meeting to assess the project’s progress during its initial six months and to endorse the operational plan and budget for 2025 and 2026.

Key discussions centered on the project’s strategic implementation approaches, which prioritise building partnerships with private sector actors to promote climate-smart agricultural practices, enhance market access, and develop tailored financial products in collaboration with Agribank. Additionally, the project is committed to inclusivity by integrating gender-responsive initiatives and adopting an intersectional approach to address the diverse challenges faced by smallholder farmers and vulnerable groups.

Thus, the project Finance for resilience seeks to develop sustainable business models and financial mechanisms that can scale effectively by balancing economic viability and inclusivity. This initiative works in tandem with the Climate adaptation and resilience project, funded by the Green Climate Fund (GCF), ensuring that interventions reach scale and lead to lasting change.

The project Finance for resilience is funded by the Grand Duchy of Luxembourg and implemented by LuxDev, the Luxembourg Development Cooperation Agency.