Keyword: "low-carbon economy"

Thailand is accelerating its transition toward a low-carbon economy following the Cabinet approval of the Climate Change Bill.

Green growth and sustainable development are not an easy path, but they promise many “sweet fruits” commensurate with businesses’ efforts.

Malaysia’s direction is to focus on building a modern grid, a digital economy powered by trustworthy AI, and climate finance systems that deliver real-world decarbonisation.

Denmark’s A.P. Moller – Maersk is seeking investment opportunities to develop large, modern and green container ports, along with strategic logistics projects in Vietnam, thereby helping the country expand import–export turnover, promote sustainable economic growth, transition toward a low-carbon economy, adapt to climate change and achieve net-zero emissions at the earliest possible time.

Gianpiero Leoncini, Executive Vice President of the Development Bank of Latin America and the Caribbean (CAF), stressed that Vietnam has all the necessary conditions to become a model for sustainable development.

The project is designed to accelerate the development of a low-carbon economy and address climate change, working toward the goal of achieving net-zero emissions by 2050.

The UN Development Programme (UNDP) is willing to support Vietnam in conducting reforms to create an ecosystem to facilitate the transition to a greener circular and low-carbon economy, towards sustainable development, Resident Representative of UNDP in Vietnam Ramla Khalidi stated at the Vietnam Circular Economy Forum 2024 in Hanoi on December 10.

The Ministry of Natural Resources and Environment has proposed areas be divided into zones for environmental protection so as to control environmental pollution and degradation early and from afar.

The National Power Development Plan VIII, which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead.

Green transition in Vietnam would require new investments in at least 60% of the country's infrastructure, according to PwC.

The state-level visit to Vietnam from April 3 to 6 by Governor-General of Australia David Hurley holds a lot of symbolic importance amid the 50th anniversary of the two countries’ diplomatic relations, said Australian Ambassador to Vietnam Andrew Goledzinowski.

Many programmes and projects have been issued by Ho Chi Minh City to reduce greenhouse gas (GHG) emissions and adapt to climate change in efforts to develop the southern metropolis into a low-carbon city.

The World Bank said without proper adaptation and mitigation measures, it is estimated that climate change will cost Vietnam about 12-14.5% of GDP a year by 2050 and could plunge up to one million people into extreme poverty by 2030.

Head of the Party Central Committee’s Economic Commission Tran Tuan Anh hailed the growing strategic partnership between Vietnam and the UK in various areas during a reception in Hanoi on June 23 for Minister of State for Trade Policy in the Department for International Trade of the UK Greg Hands.

As people are increasingly aware of environmental protection, the Government has identified development of low-carbon economy and circular economy as a top priority, contributing to shifting the economic structure into a more sustainable fashion, according to Minister of Natural Resources and Environment Tran Hong Ha.

Minister of Natural Resources and Environment Tran Hong Ha has emphasised the urgent need to develop a circular and green and low-carbon economy in the context of pressure on exhausted natural resources, environmental pollution and climate change.

Vietnam is in the early stages of developing renewable energy sources and needs to introduce more incentive policies to attract more investment, experts have said.

The Mekong Delta province of Soc Trang will carry out an action programme for sustainable forest management in its three coastal districts under the project “Reducing Emissions from Deforestation and Forest Degradation” (REDD+).

The Ministry of Planning and Investment (MPI), the UNDP and the Green Climate Fund (GCF) on June 26 announced a GCF-funded project to increase the resilience to climate change for coastal residents in Vietnam.

The US Agency for International Development (USAID) will granted around 24 million USD to a forest conservation project in the central provinces of Quang Nam and Thua Thien-Hue for 2016 – 2020.