Multi-donor initiative launches a multi-million dollar prize competition to reduce GHG emission in Vietnam

Home
About
News
Multi-donor initiative launches a multi-million dollar prize competition to reduce GHG emission in Vietnam
Multi-donor initiative launches a multi-million dollar prize competition to reduce GHG emission in Vietnam

Multi-donor initiative launches a multi-million dollar prize competition to reduce GHG emission in Vietnam

February 17, 2017

On Friday, February 17, AgResults officially launched the Vietnam GHG Emissions Reduction Pilot in Thai Binh City, Vietnam. The project aims to decrease GHG emissions that come from rice farming in Vietnam by incentivizing the uptake of innovations in rice farming technology through monetary prizes.

“The AgResults Vietnam Emissions Reduction Pilot in Thai Binh province will open a new path for rice production in the province, in accordance with the provincial Scheme for Agricultural restructuring period 2016-2020, the vision to 2030,” said Dr. Nguyen Hoang Giang, Vice Chair of Thai Binh People’s Committee of the iniative. “At the same time, it will create favorable conditions for organizations, individuals and businesses to research and find solutions to reduce greenhouse gas emissions, creating a safe and sustainable environment for agricultural production. When the project has completed and put into production, it will create conditions and opportunities to replicate and promote the sustainable development of rice production to enhance food security and food safety, increasing household income, improving health and nutrition for people."

In addition to the key note address given by Dr. Hoang Giang, Dr. Tran Xuan Dinh, the Deputy General Director of Crop Production of the Department of Ministry of Agriculture and Rural Development, and Mr. Nguyen Nhu Lien, Director of the Agriculture Extension Center in Thai Binh province, also provided endorsing remarks on the AgResults initiative and the Vietnam pilot.

“The AgResults Vietnam Emissions Reduction Pilot will provide a platform to test and scale up innovative technologies and new approaches for reducing greenhouse gas emissions from rice production,” said Tristan Armstrong, Agricultural Adviser at Australia’s Department for Foreign Affairs and Trade and the Chair of the AgResults Steering Committee. “Apart from the potential for climate change mitigation, we hope this initiative also results in increasing farm productivity and incomes for smallholder farmers across Vietnam.”

The AgResults Vietnam Emissions Reduction Pilot aims to develop, test, and scale up innovative technologies, tools, and approaches to reduce greenhouse gas (GHG) emissions in the land cultivation and production stages for rice, ultimately reducing poverty, protecting the environment, and preparing for climate change. The project provides monetary incentives to a diverse pool of actors to overcome market barriers and ultimately achieve significant GHG emissions reductions. 

AgResults Vietnam Emissions Reduction Pilot is looking for up to 15 potential interested organizations to join the first phase of the project (beginning in 2017 and lasting for one and a half years). In this phase, participants with verified effective technologies that reduce GHG emissions will receive interim and milestone prizes and will be selected to participate the second phase of the pilot (lasting two and a half years). At the end of each of the four consecutive growing seasons of the second phase, interim prizes will be distributed to organizations that meet certain criteria. A grand-prize will be distributed to winning organizations in accordance with the contest rules and regulations at the end of the sixth season. The selected optimum technology(ies) must demonstrate efficaciousness in terms of highest number of smallholder farmers reached, repeated use of the introduced technology(ies) by smallholder farmers, total GHG emissions reduction, and yield increase.

Total prizes are worth US $3 million and are open to a wide range of agriculture related actors that are currently operating in Thai Binh province, or could be in the near future. 

The AgResults initiative is a partnership between:
Connect: