UBS Group AG (a multinational investment bank and financial services company founded and based in Switzerland) through UBS Optimus Foundation UK has become a new core member of VB4E.

USB has entered the partnership with IUCN for 3 years (2021 – 2014) to implement a project “Advocating for Nature-based Solutions to Address the Coastal Squeeze in Mekong Delta”. The objective of the project is to increase mangroves cover along the lowest and most vulnerable coastline of the Delta by working with the government and businesses to allow mangroves, currently trapped between sea-level rise on one side and the sea dikes on the other, to retreat inland to offset the coastal squeeze.

For more information, please see: https://www.iucn.org/asia/countries/viet-nam/advocating-nature-based-solutions-address-coastal-squeeze-mekong-delta

The UBS Optimus Foundation is a grant-making foundation that offers UBS clients a platform to use their wealth to drive positive social and environmental change. The Foundation selects programs that improve children’s health, education and protection, ones that have the potential to be transformative, scalable and sustainable as well as programs tackling environmental and climate issues.