Vietnam loses 2% of GDP to climate change
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Vietnam has suffered an annual loss that makes up about 2% of its GDP due to natural disasters caused by climate change, deputy minister of Natural Resources and Environment Tran Hong Ha told the sixth international conference on Community-Based Adaptation (CBA6) held in Hanoi on April 19.
>> Economic growth and environmental pressures
The conference -- jointly organized by Vietnam government and the International Institute for Environment and Development -- aims to seek ways to ultimately enhance the capacity of communities to cope with disasters and improve the livelihoods for some of the most vulnerable groups in developing countries.
During the four-day conference, stakeholders and practitioners from around the world will discuss knowledge of community-based adaptation planning and practices from different parts of the developing world, particularly from Vietnam.
The conference also includes a three-day field trip to some local projects to see how communities living in different ecosystems have adapted to climate change.
A conference on environmental issues in relation to economics held in the coastal city of Nha Trang last December.