Strengthening capacity on climate change initiatives in the Industry and Trade sectorsThe specific project objective is to strengthen the capacity of policy makers and stakeholders in the industry sector to reduce GHG emissions, enhance climate resilience and exploit associated green trade opportunities. The project will address this by removing barriers that are restricting industrial enterprises in Viet Nam to adopt technologies, industrial processes, business and trade practices to improve resource efficiency, which results in reduced GHG emissions, enhanced resilience to climate change impacts and improved productivity and competitiveness in national and international markets. The project will begin by identifying the policy and market barriers to more resource efficient – or more sustainable – industrial production through analysis of the entire value chain associated with selected industrial products, as well as the operation of the industrial process. On the basis of this analysis, and an assessment of international best practice, the project will demonstrate the practical steps policy makers can take to improve the incentives for industry to invest in sustainable industrial production. It will also highlight the opportunities that exist for business to invest in sustainable industrial production, including industrial enterprises, as well as financial institutions and consulting firms providing a service to industry.