Update news COP26
Vietnam will closely manage natural forests, and gradually deal with forest and land degradation by 2025 as set in the freshly-approved national plan on the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use.
Vietnam's favourable natural conditions for renewable energy, as well as the requirements of green standards in the European export markets, drive the country towards green transformation.
Leaders from Vietnam, the UK and the European Union (EU) on December 14 announced a new ambitious Just Energy Transition Partnership (JETP)
The UK would continue to support Vietnam to realise its commitments at COP26 through smart city solutions, Sam Wood, British deputy consul general in HCM City, said on Monday.
US Presidential Envoy for Climate John Kerry, who is paying a visit to Vietnam, spoke to local media about the US’s support to Vietnam during the process of energy transition.
If businesses don’t reduce carbon emissions, their exports to the EU will face a new kind of tax, which would make products more expensive, thereby affecting their competitiveness in the market.
The US is a solid, and committed partner to helping Vietnam realise its ambitious COP26 goals, US Ambassador to Vietnam Marc E. Knapper said in an interview with VNA ahead of Prime Minister Pham Chinh’s trip to the US.
Vietnam is known as a factory of the world. But with commitments made at the 2021 United Nations Climate Change Conference, more commonly referred to as COP26, Vietnam must become a "green factory", a green production center of the world.
Vietnam made a commitment to net zero emissions - Net Zero by 2050 - at the 2021 United Nations Climate Change Conference (COP26). This will have a significant impact on the way energy is used in the country.
Coal-fired thermopower plants are concerned as Vinacomin and Dong Bac Corporation lack enough coal for electricity generation.
Prime Minister Pham Minh Chinh has tasked the Ministry of Industry and Trade to join hand with the Ministry of Natural Resources and Environment (MONRE) and other relevant ministries and agencies to set up a Renewable Energy Center.
Vietnam needs considerable international support in terms of concessional capital to take measures for concurrently ensuring national energy security and achieving net zero emissions by 2050.
As commitments to reach net-zero greenhouse gas emissions by 2050 increase across the globe, the question of how these commitments can be met and the corresponding economic transformation managed becomes ever more central.