Eco-industrial parks vital to achieving net zero emission target by 2050

By 2030, Vietnam aims for 40-50% of localities to convert existing industrial parks into eco-industrial parks and 8-10% of localities have orientations to build eco-industrial parks right in their plan making.

The rapid development of industrial parks in recent times has put great pressure on the living environment of residents, according to insiders. Therefore, many localities and industrial park infrastructure investors consider forming eco-industrial parks an urgent need to create competitive advantages.

The development of eco-industrial parks and green industrial parks has become a mandatory requirement to meet green consumption needs and fulfill the commitment at the 26th United Nations Climate Change Conference (COP26) to achieve the goal of net zero emissions by 2050.

The Ministry of Planning and Investment is coordinating with the World Bank to support the construction of eco-IPs in Binh Duong, carry out water circulation networks for several industrial parks with a high concentration of textile and garment activities in Hung Yen and Thua Thien-Hue. The goal is to promote the efficient use of energy in the eco-IPs following the Korean model./.