DECISION NoDECISION No. 782/2003/QD-BTNMT of June 23, 2003 promulgating the Charter on organization and operation of Vietnam Environment Protection Fund
To promulgate together with this Decision the Charter on organization and operation of Vietnam Environment Protection Fund.
Vietnam Environment Protection Fund is a State-run financial institution performing the function of providing financial supports and/or aids in the field of environmental protection.
The Funds activities aim to provide financial supports to environmental protection programs, projects, activities and tasks throughout the country. The Fund operates for non-profit purposes.
The Funds tasks:
- To mobilize financial sources at home and abroad in order to create investment capital sources for environmental protection;
- To render financial support for organizations and individuals that have programs, projects and/or activities on preventing, fighting or overcoming environmental pollution, deterioration and incidents of national, inter-branch or inter-regional nature, or solving environmental problems of sectional nature but of great impacts;
- To receive and manage capital sources entrusted by domestic and foreign organizations and individuals in order to render financial support for environmental protection programs, projects, activities and tasks, which are proposed for finance or financial support from the Fund;
- To use idle capital not originating from the State budget to purchase Government bonds with consents of the capital-providing organizations and/or individuals.
This Charter replaces the Charter promulgated together with Decision No. 53/2002/QD-BKHCNMT of July 16, 2002 of the Minister of Science, Technology and Environment.- (Summary)