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Vietnam, UNDP fortify coastal communities against climate change

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23 Jan, 2025

This post was originally published on UNDP

Vietnam, UNDP fortify coastal communities against climate change
kate.smith@undp.org
Thu, 01/23/2025 – 05:02

Over 25,000 Vietnamese residents in seven coastal localities are now safeguarded by storm-and flood-resistant homes thanks to a project improving the resilience of vulnerable coastal communities to climate change in Vietnam. The project, which ran from 2017 to 2024, also restored 4,028 ha of mangrove forests and installed early warning systems in 24 high-risk communes.  A joint effort between the United Nations Development Programme (UNDP) and the Vietnamese Government, it targeted Nam Dinh, Thanh Hoa, Quang Binh, Hue, Quang Nam, Quang Ngai and Ca Mau, known for their high vulnerability to the impacts of climate change.

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Thu, 01/16/2025 – 12:00

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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