Finland-funded Forestry Sector Development Program extended for another year

Finland has allocated more than 15 million Euros via the Trust Fund for Forest during 2004 – 2012 to Vietnam.

Finland has allocated more than 15 million Euros via the Trust Fund for Forest during 2004 – 2012 to Vietnam. Photo: Vea.gov.vn

The implementation duration of the agreement between the Governments of Vietnam and Finland on forestry sector development cooperation program will be extended to December 31, 2013, according to the Office of Government’s recent Official Dispatch.
The first Finnish supported programme in the forest sector was the Viet Nam – Finland Forestry Sector Cooperation Programme (VNFINFOR) in Bac Kan province implemented in 1996-2003. The total support to the forestry programme in Bac Kan province was 4.3 million Euros.

Since 2003 support to the forest sector has been channeled through the Forest Sector Support Partnership (FSSP) and its Coordination Office, and through the Multi-donor Trust Fund for Forests in Viet Nam (TFF).

The total support to the FSSP and Coordination Office has been over 1.3 million Euros in the period of 2003 – 2012. The main objective of the support is to improve the development and integration of the FSSP’s coordination and monitoring capabilities, according to the embassy website.

Since 2007, the Nordic country committed to granting €12.7 million to the sector between 2008 and 2011 to support the realization of Vietnam’s strategy for forestry sector development.

[box]Source: http://vccinews.com/news_detail.asp?news_id=27749[/box]

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