Executive Summary
The USAID Vietnam Sustainable Forest Management Activity (the Project) team is pleased to present the Fiscal Year 4, Quarter 2 Progress Report, which summarizes progress from January 1 through March 31, 2024. This quarter, the Project built on momentum across all five Objectives in seven target provinces to reduce emissions from deforestation and degradation of Vietnam’s natural forests, and to sustainably improve forest and plantation management practices.
FY24 Q2 in Numbers:
By the end of FY24 Q2, the project reached the following achievements:
- 36,415 people trained.
- 63 policies or plans have been developed.
- $33.36 million has been mobilized for forest management.
- 61,356 people have received livelihood co-benefits.
- 5,407,714 tons of CO2 emissions have been reduced, sequestered, or avoided.
- 14,926,873 tons of CO2 will be avoided from the adoption of policies supported by the Project.
- 141,401 ha under improved management.