A Japanese-funded project will be piloted in major hotels in Vietnam with the aim to reducing carbon dioxide emission in buildings.
A memorandum of understanding to this effect was signed in Ho Chi Minh City on November 12 by representatives of the Vietnam Ministry of Natural Resources and Environment and Japan’s New Energy and Industrial Technology Development Organisation (NEDO).
The pilot Joint Crediting Mechanism (JCM) project on low-carbon hotel – a new energy management system for buildings in Vietnam has a total investment of 2.8 million USD.
Shinsuke Uisuga from NEDO highlighted the project as role model in ASEAN, adding the Japanese organisation will apply the Building Management System (BMS) in managing energy in big hotels and buildings in Vietnam.
Deputy Director of the ministry’s Department of International Relations, Nguyen Xuan Bao Tam, said the two sides will work to have specific mechanisms for cooperation, consultation and research.
Initiated by Japan, the Joint Crediting Mechanism (JCM) is to boost bilateral cooperation with developing countries in green-house gas emission reduction via Japanese advanced low-carbon technologies adoption .
Vietnam is among the first eight eligible developing member countries of the Japanese funded-JCM that signed memoranda of understanding for the JCM with the Government of Japan.
They are Bangladesh, Cambodia, Indonesia, Laos, Maldives, Mongolia, Palau, and Vietnam.-VNA
A memorandum of understanding to this effect was signed in Ho Chi Minh City on November 12 by representatives of the Vietnam Ministry of Natural Resources and Environment and Japan’s New Energy and Industrial Technology Development Organisation (NEDO).
The pilot Joint Crediting Mechanism (JCM) project on low-carbon hotel – a new energy management system for buildings in Vietnam has a total investment of 2.8 million USD.
Shinsuke Uisuga from NEDO highlighted the project as role model in ASEAN, adding the Japanese organisation will apply the Building Management System (BMS) in managing energy in big hotels and buildings in Vietnam.
Deputy Director of the ministry’s Department of International Relations, Nguyen Xuan Bao Tam, said the two sides will work to have specific mechanisms for cooperation, consultation and research.
Initiated by Japan, the Joint Crediting Mechanism (JCM) is to boost bilateral cooperation with developing countries in green-house gas emission reduction via Japanese advanced low-carbon technologies adoption .
Vietnam is among the first eight eligible developing member countries of the Japanese funded-JCM that signed memoranda of understanding for the JCM with the Government of Japan.
They are Bangladesh, Cambodia, Indonesia, Laos, Maldives, Mongolia, Palau, and Vietnam.-VNA
