Energy transition critical to net zero emission achievement: confab
A seminar held in Hanoi on May 20 highlighted energy transition as an important tool to help Vietnam achieve net zero emissions by 2050.
Panels of the Sao Mai solar power plant in An Giang province (Photo: VNA)In his opening remarks, Deputy Minister of Natural Resources and Environment Vo Tuan Nhan said the ministry recently finalised a draft national strategy on climate change for 2050 so as to devise a roadmap for realising Vietnam’s commitments made at the 26th UN Climate Change Conference (COP26), including achieving net zero emissions by 2050, reducing methane emissions, conducting energy transition, and gradually eliminating fossil fuel. This draft has been submitted to the Prime Minister.
To cut net emissions down to zero, it is necessary to strongly carry out energy transition and boost low-carbon development, he said, noting that to Vietnam, apart from the aim of reducing greenhouse gas emissions, transitioning from fossil fuel to clean and renewable energy is also meant to step up sustainable economic restructuring and grasp opportunities to improve the economy’s competitiveness and development.
Vietnam views energy transition as both a chance and a challenge. It is a need to strongly transition from fossil to clean energy to match the global trend. On the other hand, it is also important to guarantee energy security, change jobs for the affected workers, especially those in the coal industry, ensure power prices are affordable for low-income earners, and equip the country’s manpower with necessary skills to operate advanced low-emission technologies, according to Nhan.
Andrew Jeffries, Country Director of the Asian Development Bank (ADB), spoke highly of Vietnam’s strong commitment to net zero emissions by 2050.
The commitment implementation requires efforts and considerable financing for promoting renewable energy, upgrading the power grid, and applying new energy saving technologies and solutions, he pointed out, adding that ADB pledges to assist its developing members to resolve climate change challenges.
At the seminar, participants suggested several energy transition solutions to work out financial and policy mechanisms for facilitating clean energy use./.
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Videos
Vietnam works to prevent biodiversity degradation
Vietnam is recognised as one of the countries with the richest biodiversity in the world with different ecosystems including tropical forests, marine and coastal ecosystems. However, experts from the World Wide Fund for Nature in Vietnam said that Vietnam's biodiversity is degrading.
Environment
Communication campaign calls for wildlife conservation efforts
The central province of Quang Binh, home to the UNESCO-recognised Natural Heritage site of Phong Nha Ke Bang National Park, on April 13 launched a communication campaign in response to the World Wildlife Day (March 3) and the National Biodiversity Restoration Year 2024.
Environment
Saigon Co.op ties up with Winrock International for waste circulation
Saigon Co.op signed an MoU with non-profit Winrock International in HCM City on April 12 to reduce environmental pollution by developing a waste circulation model, enhancing waste separation at source and raising the extended producer responsibility.
Environment
Solutions proposed to tackle growing challenge of electronic waste
Vietnam faces a growing problem with electronic waste (e-waste), according to a study by the Hanoi University of Science and Technology's Centre of Science-Technology and Environment.
Environment
Contest seeks innovative solutions to recycle plastic
The innovative solution contest 2024 was launched in Hanoi on April 12, aiming to seek solutions in the plastic circular value chain, especially new and creative solutions in improving the capacity to collect, process and recycle plastic packaging.
