Impacts of financial inclusion on household climate change adaptation in Ninh Binh province in Viet Nam

Abstract

Climate change exerts substantial impacts on the livelihoods of coastal households in Ninh Binh, Viet Nam, where economic activities are highly dependent on agriculture and fisheries. This study examines the impact of financial inclusion on households’ capacity to adapt to climate change, using survey data collected from 300 households residing in Giao Thuy, Hai Hau, and Nghia Hung (formerly part of Nam Dinh province, now within Ninh Binh) during the period from April 1 to May 30, 2025. Employing a combination of quantitative regression techniques, including Ordinary Least Squares (OLS) and Binary Logistic models, the findings indicate that financial inclusion enhances climate change adaptation through inclusive financial products such as concessional credit and microinsurance. The study further highlights the critical roles of state regulatory authorities, financial and banking institutions, and mass media in strengthening household climate resilience in the study area.