Hanoi, April 1 -- The Green Climate Fund (GCF) on April 1 officially approved a funding proposal submitted by the Japan International Cooperation Agency (JICA) in coordination with the Vietnamese Government for a results-based payment project under the REDD+ mechanism. The project aims to reduce emissions from deforestation and forest degradation (REDD) while promoting conservation, sustainable forest management, and enhanced forest carbon stocks. The funding recognises Vietnam's achievements in forest protection recorded in 2014. The proposal, titled "Vietnam REDD+ results-based payments for results period of 2014", was endorsed at the 44th meeting of the GCF Board held in the Republic of Korea on March 26, 2026. Under the decision, Viet...