Database / Climate Finance Database / FP013 / risk_structure

risk_structure

Improving the resilience of vulnerable coastal communities to climate change related impacts in Viet Nam

risk_id	canonical_project_id	financing_component_id	risk_type	risk_bearer	risk_severity	mitigation_mechanism	mitigation_instrument_id	residual_risk_level
GCF_FP013_RISK_001	GCF_FP013	—	Technical and operational	Ministry of Agriculture and Rural Development (MARD) as Executing Entity	Low impact (<5% of project value), Low probability	Close integration of project with ongoing priorities. Delegation of project activities to co-Implementing Partner/Executing Entities, who will work directly with provincial partners. Capacity support to partner by UNDP (see NIM description in section F.4).	—	—
GCF_FP013_RISK_002	GCF_FP013	—	Technical and operational	Project Management Unit (PMU) and implementing partners	Low impact (<5% of project value), Low probability	Roles and responsibilities between partners clearly specified in matrix, with lead partner responsible for budget and coordination/communication with other partners. Regular progress meetings held with Senior Level officials to ensure any challenges are addressed in a timely manner. Project Officer in PMU specifically responsible for Project implementation, coordination and M&E. UNDP will monitor the Project implementation and if necessary will provide technical assistance at cost to improve coordination/communication. Monthly coordination meeting with all national project coordinators organized by PMU.	—	—
GCF_FP013_RISK_003	GCF_FP013	—	Technical and operational	Project Management Unit (PMU) and national/subnational staff	Low impact (<5% of project value), Low probability	At the start of the project, tailored orientation sessions and training for all national and subnational staff involved in M&E will be organized. Project Officer in PMU specifically responsible for project M&E providing day to day guidance and technical support. Sufficient budget and budget source for M&E will be agreed at the start of the project.	—	—
GCF_FP013_RISK_004	GCF_FP013	—	Technical and operational	Project beneficiaries (households) and government housing programme	Medium impact (5.1-20% of project value), Low probability	GCF project approach will follow the risk mitigation measures of the government housing programme: 70% of the grant is provided at the completion of the foundation, and the remaining 30% upon completion of the house frame meeting design requirements. Housing designs incur low ongoing maintenance costs; reinforced roofs and corner bracings reduce potential repair costs. Dissemination of information on storm preparation (securing items, use of sandbags). Households eligible for limited compensation for repairs through existing disaster response assistance schemes at provincial level.	—	—
GCF_FP013_RISK_005	GCF_FP013	—	Technical and operational	MARD and mangrove restoration implementers	Medium impact (5.1-20% of project value), Low probability	Prepare an erosion control sediment plan and install silt curtains to restrict sediment movement. The plan shall contain aspects including but not limited to the installation of sediment curtains to reduce sediment movement and the covering of sediment where practicable.	—	—