Nineteen businesses honoured for initiatives against climate change
15/06/2016 15:04:18

The Ministry of Science and Technology (MOST), in collaboration with the World Bank, organised an awards ceremony in Hanoi on June 14 to honour 19 Vietnamese enterprises with outstanding startup projects in response to climate change. 

The honourees were selected from more than 300 initiatives sent to the contest, for having proved the positive effects of technologies on green growth and building a low-carbon economy in Vietnam.

The winning enterprises will be financially supported by the Vietnam Climate Innovation Centre (VCIC) and enjoy its initiative incubation services, aiming to identify their business models and commercialise their products.

Addressing the event, MOST Minister Chu Ngoc Anh noted that climate change has been attracting increasing attention from the international community, with Vietnam considered one of the five most vulnerable countries to global climate change.


At the ceremony (Photo: Baotainguyenmoitruong)

The Vietnamese government has been implementing a number of policies and action programmes over the past years, seeking to strengthen national climate change resilience and adaptation capability, reduce greenhouse gas emissions and enhance energy use efficiency in industries, Anh said.

He expressed his hope that the VCIC would create a cornerstone of incubation services and startup supports, aiming to help enterprises define their business models and commercialise products against climate change.

According to Acting WB Country Director for Vietnam Achim Fock, Vietnamese businesses are in the most suitable position to provide innovative solutions to climate change, because above all, they clearly understand the difficulties, challenges and potentials of their own localities, thereby coming up with relevant initiatives to improve the local economy and create more employment.

Launched last year, the VCIC aims to assist 48 local clean-tech businesses within its first three years of operations, expanding access to new and improved climate-smart products and services to over 1,700 households.




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