Vietnam Environment Protection Fund - Funding and co-funding

Form of operation

Statistics

Statistics: 21374

Finance and mutual finance

Pursuant to:

Pursuant to Decision 82/2002/QD-TTg dated June 26th, 2002 of Prime Minister on establishment, organization and operation of Vietnam Environment Protection Fund;

Pursuant to Decision 35/2008/QD-TTg dated March 3rd, 2008 of Prime Minister on issuance of the Charter on organization and operation of Vietnam Environment Protection Fund.

Targeted customers

VEPF will financing for organizations, individuals who have programs, projects as well as activities in the field of environmental protection as follows:

Communication, public awareness and education in environmental protection.

Development, implementation projects that raising from VEPF to carry out activities in treatment, and over come problem of environmental pollution.

For the programs, plans, projects under decisions issued by the Prime Minister;

Awarding prizes aiming at praising distinguished individuals or organizations for their efforts in saving the environment under the Decision of Minister of Natural Resourses and Environment; or
Investment project in environmental protection doings according to VEPF's regulations.

Selection criteria

Programs, projects or activities are eligible if they are certified by national administration on environmental protection that they are qualified enough;
Regarding environmental protection projects, project owner must have the corresponding capital of at least 50% of the total investment amount;
Application files are accepted by VEPF and credit contracts are signed between two parties.

Implementation