Seminar seeks to promote private sector’s engagement in greenhouse gas reduction

Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment, speaks at the event. (Photo courtesy of JICA– Climate change has become one of the great challenges facing humanity, affecting all aspects of economy, politics, diplomacy as well as global security, Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment (MONRE), has said.He made the statement at a seminar on “Accelerating Business Engagement in the Pathway of Vietnam’s Nationally Determined Contributions and Net Zero Emissions” held in Ho Chi Minh City on June 30 by the Japan International Cooperation Agency (JICA) in cooperation with the Climate Change Department and the Vietnam Chamber of Commerce and Industry (VCCI).It aimed to share information and experience in greenhouse gas emission reduction between public agencies and the private sector while disseminating policies related to climate change and emission reduction.The Climate Assessment Report 2022 of the Vietnamese Government has pointed out that socio-economic development activities were the main cause of excessive greenhouse gas emissions. Thus, he said the engagement of enterprises is extremely important not only because they are directly involved in these activities but also because they can contribute greatly in terms of financial and technological resources.Nguyen Tien Huy, Director of the Office for Business Sustainable Development at VCCI, said that Vietnam is one of the countries most vulnerable to climate change and will suffer huge ecological, economic and social losses if the average temperature increases by 2 degrees Celsius.According to the Ministry of Planning and Investment, the private sector accounts for 70% of the total 21 billion USD investment needed to adapt to climate change in Vietnam.It is necessary for businesses in Vietnam to take stronger actions to accelerate the process of reducing emissions such as providing and putting into use sustainable, carbon-free energy sources at a more affordable price; optimise the use of resources to meet society's needs as well as build financial mechanisms to improve transparency and efficiency in corporate reporting, he said.To facilitate private sector engagement in National Determined Contributions (NDC), MONRE has collaborated with JICA in the implementation of the project “Support for Planning and Implementation of the Nationally Determined Contributions in Vietnam (SPI-NDC”), Huy said.The project will help promote the participation of the private sector by improving technical capacities of enterprises that are subject to facility GHG reporting systems being developed with support from Japanese experts.Murooka Naomichi, Senior Representative of JICA Vietnam, affirmed that through the SPI-NDC project, JICA will continue to provide opportunities for both capacity building and dialogue among key actors to consolidate the partnership./.

July 01, 2022 20:29 UTC


COP26 President hails Vietnam’s determination in transition to green, renewable energy

National Assembly Chairman Vuong Dinh Hue (R) meetsUK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma (Photo: VNA)NA Chairman Vuong Dinh Hue, UK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma and delegates at the meeting (Photo: VNA)– National Assembly (NA) Chairman Vuong Dinh Hue had a meeting in London on June 30 (local time) with UK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma who expressed impression at Vietnam’s determination in transition to green and renewable energy.Sharma said he hopes Vietnam will make political commitments on the thresholds of the COP27, along with government ones at the highest level in the work.The official showed interest in bilateral cooperation in finance, regulation reform and experience sharing in power transition as well as measures to promote the partnership in the future.He revealed that Britain PM Boris Johnson and European Commission President Ursula von der Leyen had agreed to sign a letter to Vietnamese PM Pham Minh Chinh proposing the establishment of a Just Energy Transition Partnership (JETP) between the group of seven developed economies (G7) and Vietnam.For his part, NA Chairman Hue highlighted that Vietnam is the first country to implement the Millennium Development Goals. Right after the Sustainable Development Goals (SDGs) were given, Vietnam has made necessary supplementation to its legal regulations to realise the goals.The leader affirmed that commitments Vietnam made at COP26 are strong political ones showing the country’s determination to respond to climate change, reduce emissions, and switch to a green and circular economy. The commitments are also positive and responsible contributions by Vietnam to common efforts to maintain and protect the global climate, he added.NA Chairman Hue welcomed G7’s selection of Vietnam as one of the three prioritised countries to receive support to promote the process of energy transition to realise commitments at COP26. Vietnam is determined to implement the commitments with the support of the international community, he stressed, saying that this is one of the major and urgent tasks of the country in the time to come.Vietnam will continue to act promptly, strongly and comprehensively, especially in the field of energy transition and infrastructure development to adapt to climate changes, thus turning the commitments into reality, stated the NA leader.Hue underlined that the Vietnamese NA will promote its role in law building, supervising and allocation budget to ensure the implementation of Vietnam’s climate commitments at COP26, including the institutionalisation of commitments and the strengthening of investment to research and development activities, the use of clean technologies and the speeding up of solutions for green growth.Along with supervising the Government’s implementation of national planning and adjusting and supplementing planning related to green growth, the NA has decided budget allocation for the realisation of SDGs towards green growth and the implementation of climate commitments, he said.Holding that like other developing countries, Vietnam is likely to face difficulties and challenges during the implementation of the commitments, the leader underlined the significance of support from international partner, including the UK, in the process.In order to reach net-zero emission by 2050, NA Chairman Hue proposed that Vietnam and the UK continue to strengthen collaboration in greenhouse gas emission reduction and climate change response. He also asked for the UK to assist Vietnam in personnel training, and providing Vietnam with financial and technical support to build a roadmap of transition to green and renewable energy./.

July 01, 2022 03:49 UTC


Vietnam asks for Jordan’s cooperation in helping Vietnamese survivors of Aqaba gas explosion

Foreign Minister Bui Thanh Son holds phone talks with Jordanian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Al-Safadi regarding the Aqaba toxic gas explosion. (Photo courtesy of the Vietnamese Ministry of Foreign Affairs)Foreign Minister Bui Thanh Son talks to Jordanian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Al-Safadi over the phone. (Photo courtesy of the Vietnamese Ministry of Foreign Affairs)Foreign Minister Bui Thanh Son asked Jordan to support the Embassy of Vietnam in citizen protection and providing reliefs for Vietnamese survivors of a toxic gas leak at the port of Aqaba while talking to Jordanian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Al-Safadi over the phone on June 29.Deputy Prime Minister Ayman Al-Safadi offered condolences to Son and families of the Vietnamese victims, saying Jordanian authorities will do their best to assist the Embassy of Vietnam in citizen protection and handling remains of Vietnamese nationals killed in the accident.On behalf of the Government of Vietnam and the Vietnamese Ministry of Foreign Affairs, Son also extended his deepest sympathy to Jordan’s losses caused by the accident. He thanked the Jordanian foreign ministry and authorities for promptly reporting on the five Vietnamese people killed and for providing medical help for those injured.He asked Jordanian authorities to step up investigation of the cause of the gas explosion and provide instructions on handling the dead’s remains.According to the Embassy of Vietnam in Arab Saudi and Jordan, a poisonous gas explosion at Jordan’s southern port of Aqaba on June 27 killed 13 people and injured 251 others. A initial report shows that the accident claimed the lives of five Vietnamese citizens and injured seven others who all are crewmembers of Hong Kong (China)-flagged vessel Forest 6.Needy Vietnamese citizens can contact the Citizen Protection Hotline: (+84) 981.84.84.84 or that of the Vietnamese Embassy in Saudi Arabia: (+966) 583.245.255 for help./.

June 29, 2022 21:10 UTC


Tags
Finance      African Press Release      Lifestyle       Hiring       Health-care       Online test prep Corona       Crypto      Vpn      Taimienphi.vn      App Review      Company Review      Game Review      Travel      Technology     
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */