Vietnam is gradually realizing its commitment to achieving Net Zero through transforming the green growth model, encouraging the use of renewable energy and developing low-emission agriculture.
Prime Minister Pham Minh Chinh and many high-ranking Vietnamese and European leaders will attend the Green Economy Forum & Exhibition (GEFE) in Ho Chi Minh City from November 28 to 30. The expo is expected to attract some 150 exhibitors and have an area of 5,000 sq m. EuroCham President Alain Cany said GEFE’s goal is to help Vietnam meet the commitments it made at COP26 and complete the national green growth strategy for the 2021-2030 period.
On September 28 at Government Headquarters, Standing Deputy Prime Minister Pham Binh Minh received State Secretary of the German Ministry of Economic Cooperation and Development Jochen Flasbarth, who is on a visit to Vietnam. Mr. Flasbarth affirmed that Germany wishes to strengthen cooperation with Vietnam and is willing to share its experience in clean energy transition to help it fulfil its COP26 commitments.
Prime Minister Pham Minh Chinh received Mr. Alok Sharma, Minister and President of COP26, who is visiting Vietnam, on August 29. The Prime Minister asked that development partners support Vietnam in building and developing a renewable energy equipment manufacturing industry and in compiling a map to accurately assess the potential of solar and wind power in different regions.
The Ministry of Natural Resources and Environment will finish the National Strategy on Climate Change to 2050, develop an Action Plan to reduce methane emissions by 2030, and implement the National Green Growth Strategy, among other tasks, as a part of Vietnam's COP26 commitments. The greatest challenge for the country is a lack of relevant human resources.
On November 2, in a speech at the announcement of a commitment to reduce global methane emissions at COP26, Prime Minister (PM) Pham Minh Chinh called on wealthy countries to support developing countries in gas finance. He also proposed shortening the gap between emissions reduction commitments and the development levels between countries to achieve carbon neutrality.