Australia - WorldBank Group Partnership phase 2

Project Dates: January 2023 - December 2026
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Australia - WorldBank Group Partnership phase 2
PROJECT OBJECTIVE

The ABP2 represents a deepening of the partnership between Australia and the World Bank Group (WBG) in support of Vietnam’s development agenda. The program’s development objective is to share knowledge and strengthen policies and programs for selected development priorities for Vietnam, with a particular focus on gender equality. The ABP2 approach is to engage with the Government of Vietnam through policy dialogue, preparation and dissemination of analytical work, knowledge-sharing forums, and capacity building programs. The program was initiated with six themes. The current six themes supported by the ABP2 are:

(i) low carbon infrastructure development (ie. clean energy transition, demand-side decarbonization),

(ii) inclusion,

(iii) economic management and growth,

(iv) digital transformation,

(v) Mekong Delta, and

(vi) gender.

PROJECT DESCRIPTION

The new low-carbon infrastructure development theme aims to evaluate low-carbon infrastructure development pathways and support related policy reforms, while also informing the design and implementation of innovative solutions to mitigate infrastructure-related GHG emissions. The first component, on clean energy transition, focuses on scaling up low-carbon pathways in the energy sector. The second component, on demand-side decarbonization, focuses on scaling up energy efficiency solutions at the consumer end of the market, at both national and city levels. The third component, on clean transport transition, focuses on creating foundational knowledge on low-carbon transport options and developing recommendations for targeted interventions at the national and city levels.



Region/Location

BUDGET

USD 0

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

GOVERNMENT PARTNER
  1. Government of Vietnam
ADDITIONAL INFORMATION

Total program budget is AUD 50 million (2017–2026), but specific allocation for the low-carbon infrastructure development theme is not available; therefore, it is recorded as 0. Partners include multiple government ministerial and agencies, provincial authorities. For more information, please visit https//vepg.vn/resources/vepg-documents/ https//www.dfat.gov.au/sites/default/files/australia-world-bank-strategic-partnership-vietnam-phase-2-fact-sheet.pdf


BUDGET

USD 0

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

GOVERNMENT PARTNER
  1. Government of Vietnam