Honoring nineteen businesses for initiatives against climate change
Thứ hai, 18/07/2016
On June 16, the Ministry of Science and Technology (MOST), in collaboration with the World Bank, organized an award ceremony in Hanoi to honor 19 Vietnamese enterprises being the winners of the prize “Innovation start-up to respond to Vietnam climate change”. Mr. Chu Ngoc Anh - Minister of Science and Technology and Mr. Achim Fork - Acting Country Director of the WB in Vietnam attended the ceremony.
On June 16, the Ministry of Science and Technology (MOST), in collaboration with the World Bank, organized an award ceremony in Hanoi to honor 19 Vietnamese enterprises being the winners of the prize “Innovation start-up to respond to Vietnam climate change”. Mr. Chu Ngoc Anh - Minister of Science and Technology and Mr. Achim Fork - Acting Country Director of the WB in Vietnam attended the ceremony.
In the process of responding to climate change, the international community has practical support Vietnam in coping with climate change, implementing green growth through technical support programs and projects and investment financing to strengthen the institutional policies, capacity building, infrastructure investment. In 2015, through a grant funded by the World Bank from official development assistance (ODA) of the Department for International Development of UK (DFID) and the Department of Foreign Affairs and Trade of Australia (DFAT), Ministry of Science and technology submitted to the Government for approval a list of technical support project "Vietnam Climate Innovation Centre - VCIC"
At the event, MOST Minister Chu Ngoc Anh said that Vietnamese Government has been implementing a number of policies and action programs over the past years to strengthen national climate change resilience and adaptation capability, reduce greenhouse gas emissions and enhance energy use efficiency in industries.
He expressed his hope that the VCIC would create a cornerstone of incubation services and startup support to help enterprises define their business models and commercialize products against climate change.
According to Acting WB Country Director for Vietnam Achim Fock, Vietnamese enterprises 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.
The enterprises 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. Some honored projects can be mentioned such as: "Line of automatic adobe brick molding machine," "Energy-saving lighting system using LEDs for fish attraction", or modern technologies like "Mini solar grid", " automatic weather station using iMetos technology and software for information connection, forecasts and automatic warning on weather, pest…”
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 commercialize their products. According to the representative of the organizing committee, depending on the size, each project will be received the corresponding funding with the highest amount of $ 75,000 for product development.
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.
At the event, the participants were also introduced to the Vietnam Climate Innovation Centre project and guided to submit the project proposal for Phase 2.
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