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The RECAF project seeks USD 35 million from the Green Climate Fund (GCF) and USD 32.434 million in loans from IFAD to reduce GHG emissions by 6.68 MtCO2-eq over 12 years. The project focuses on five provinces: Dak Lak, Dak Nong, Gia Lai, Lam Dong, and Ninh Thuan. It aims to transform 145,000 hectares of forestland into agroforestry systems and protect 500,000 hectares of natural forests. Key strategies include upgrading the National Forest Monitoring System (NFMS), establishing public-private-producer partnerships (4Ps) for deforestation-free commodities like coffee and pepper, and implementing a performance-based Payment for Ecosystem Services (PES) mechanism. The project targets 420,000 direct beneficiaries, with a strong focus on ethnic minorities and women, to improve livelihoods and climate resilience.

The report identifies systemic gender inequalities and capacity gaps in Vietnam's climate and agricultural sectors, proposing a Gender Action Plan (GAP) to ensure equal access to water, climate information, and credit for vulnerable smallholders.

The document uses a global-to-local modelling approach to project land use changes in Vietnam up to 2030. It finds that economic growth and urbanisation will lead to a significant loss of paddy rice land and protected forests, while climate-induced flooding poses a severe threat to the Red River and Mekong River Deltas. The study highlights critical policy trade-offs between reducing greenhouse gas emissions through reforestation and maintaining national food security targets.