Ha Long city, Vietnam – The German government and the European Union have pledged to give about $10 million to support the Mekong River Commission.
A signing ceremony was held to mark the pledge during the 25th meeting of the MRC council in Ha Long City in Vietnam on Tuesday.
“The new funding from both Germany and the EU will enable the MRC to ensure effective basin-wide water resource management and the inclusiveness of dialogue at national and regional levels with a stronger presentation of all stakeholders,” said Pham Tuan Phan, CEO of MRC.
In a press release, the MRC said Germany has pledged to give about $4.6 million in hopes to increase dialogue and cooperation among Cambodia, Laos, Thailand and Vietnam, while the EU has pledged about $5.5 million over the course of two years.
It noted that a portion of the money granted by the EU and Germany will go to the MRC’s new financial system that allows it to use existing funds for any of its prioritised activities.
Full story in Friday’s paper