Viet Nam

Theme: Investing in Natural Capital is Investing in Youth

Overview

As emphasized in the Future We Want outcome document from Rio+20, youth are “custodians of the future” and have an essential role in helping achieve sustainable development. If engaged and empowered, GMS youth have the potential to drive the changes needed to ensure a sustainable future for their own and future generations. 

Every three years, environment ministers from the six Greater Mekong Subregion (GMS) countries gather to take stock of environment challenges and opportunities, and set the direction for regional responses under the GMS Economic Cooperation Program.

Theme: Designing mechanisms and building partnerships for the strategic planning and management of transboundary and other biodiversity landscapes

Overview

Biodiversity landscapes constitute a large proportion of the natural capital remaining in the Greater Mekong Subregion (GMS). They are a rich repository of globally important biodiversity, including many endemic and endangered species, and provide vital ecosystem services. This wealth of natural capital underpins the subregion’s security in terms of energy, food, and water. Seven of these landscapes cut across international borders. These transboundary biodiversity landscapes (TBLs), which are the focus of the GMS Core Environment Program, lie in juxtaposition to the GMS economic corridors, providing both challenges and opportunities for their effective management and conservation.

Theme: Investing in Natural Capital: Public Private Cooperation for Future Prosperity in the Greater Mekong Subregion

Overview

The Fourth GMS Environment Ministers’ Meeting emphasized the need to strengthen collaboration between governments, development partners, business sector, and civil society in order to find ways to maintain and enhance the region’s natural capital stocks. A key step was the need to strengthen collaboration and coordination between businesses, government, and/or civil society in ways that are demonstrably good for business, local livelihoods and for the protection and enhancement of the subregion’s natural capital. In this context the Natural Capital Business Forum engaged the businesses in their capacity as a beneficiary of public sector investments as well as the investors in economic activities associated with natural capital.

In recent years, there has been increased global recognition about the important socioeconomic contribution of ecosystem services for rural livelihoods and broader society. This has helped drive countries to make greater efforts to more sustainably manage their natural capital – forest, land, and water resources and related ecosystem services. 

Rural communities throughout the world are seizing new opportunities to build livelihoods based on emerging niche markets that rely on and contribute to the sustainable management of natural resources. These include small, but growing markets for ecotourism and also non-timber forest products (NTFPs) including herbs, honey, and mushrooms, bamboo, rattan, medicines, and cosmetics.

This brief summarizes major achievements, challenges, and key recommendations from a review of Viet Nam’s payments for forest environmental services (PFES) program. Led by the Center for International Forestry Research and Viet Nam’s Ministry of Agriculture and Rural Development, with support from the GMS Core Environment Progra...

Since 2011, Viet Nam’s payments for forest environmental services (PFES) program has generated $140 million for rural households to protect around 4 million hectares (40%) of the country’s forests.

This publication features ADB's support to the provincial authorities of Quang Nam in Viet Nam to scale up the implementation of payments for forest environmental services through a technical assistance financed by the Governments of Sweden and Norway. The project pilot-tested two innovations—the group approach and the use of a geographic information system—to speed up payments for forest environmental services planning and implementation in the province. Starting with five villages in Ma Cooih commune, the initiative expanded to include two more communes in the Song Bung 4 watershed.