HÀ NỘI — The Just Energy Transition Partnership (JETP) is offering significant opportunities for Việt Nam to secure external financial support to achieve its ambitious climate objectives, including funds from the UK for green transition and sustainable development. Thus, it was a valuable opportunity for Việt Nam to learn from and cooperate with the UK in the field of clean energy development. The two sides also agreed to promote specific renewable energy projects with the participation of leading enterprises as platforms to exchange experiences and enhance cooperation. Several investors, including those from the UK, were looking to invest in Việt Nam’s renewable energy market. Under PDP8, Việt Nam aimed to increase renewable energy to 30.9 – 39.2 per cent of the total energy source by 2030 and 67.5 – 71.5 per cent by 2050.

Source: Viet Nam News October 10, 2023 05:58 UTC