return icon Vietnamnet.vn

Strong commitment needed for sustainable development of planet: Minister

Vietnam’s commitment at COP26 was appreciated by leaders of countries and big corporations around the world.

{keywords}

Cham Island, an archipelago off the coast of Hoi An in central Quảng Nam province

 


Vietnam’s commitment to net-zero emissions made at the 26th United Nations Climate Change Conference of the Parties (COP26) held in Glasgow, Scotland (the UK), shows the strong political determination in stepping up economic transformation to contribute to solving the climate crisis, Minister of Natural Resources and Environment Tran Hong Ha has said.

Speaking in an interview with the Vietnam News Agency (VNA), Ha said Vietnam’s commitment at the climate summit was appreciated by leaders of countries and big corporations around the world.

To effectively implement the commitment, Vietnam has made a very careful preparation, including the inclusion of climate change response and Vietnam's commitment to implement the Paris Agreement into the Law on Environmental Protection 2020, according to the Minister.

New points in the Glasgow Climate Pact will be incorporated into national laws to build Vietnam's domestic carbon market by 2025, putting on trial run and coming into official operation from 2028. The above regulations are also the legal basis for the mobilisation of the entire population to respond to climate change, he said.

The Ministry of Natural Resources and Environment (MONRE) has proposed the Prime Minister consider the promulgation of a decree on reducing greenhouse gas emissions and protecting the ozone layer as well as a list of sectors and establishments emitting greenhouse gases that must carry out an inventory of greenhouse gases. A system on monitoring and evaluating activities to adapt to climate change at the national level is also included.

The Minister said ministries, sectors and localities are asked to review and adjust strategies and relevant plans in line with the goal of net-zero emissions by 2050. They are also requested to proactively enhance international cooperation to take advantage of financial and technological resources and strengthen capacity to implement the Paris Agreement and the commitment declared by the Prime Minister at COP26.

The MONRE will coordinate with the Ministry of National Defence and relevant ministries, agencies and localities to conduct marine surveys to serve the offshore wind power development planning associated with the marine spatial planning and implement carbon pricing instruments, including carbon tax and development of the domestic carbon market, Ha said.

Dissemination campaigns will be launched to raise awareness and capacity for organisations, businesses and individuals participating in the market and non-market mechanisms. Action plans to reduce methane emissions by 2030 and to realise the Glasgow Declaration on forests and land use will also be set up, he said.

The Minister said leaders of the Party and State had a strategic vision, promptly grasped the trend of low-carbon development and reduced global greenhouse gas emissions, thereby sending a strong signal to the international community on the development path of Vietnam in the coming period. It has enabled Vietnam to get access to the movement of global credit and investment flows, as well as respond to the change of new "rules of the game" in terms of global trade and economy, he said.

 

Source: VNA

Power development plan to be revised to align with Vietnam's global climate change commitment

Power development plan to be revised to align with Vietnam's global climate change commitment

The draft National Power Development Plan for the period 2021-2030 will be revised to align with Vietnam's commitment to net-zero emissions by 2050.

MORE NEWS

An unusual cemetery where pets can be remembered

Thousands of pets have been laid to rest in the burial ground of Tề Đồng Vật Ngã Pagoda. Founded 50 years ago, it is a peaceful place in downtown Hanoi where animal lovers can pay their last respects to their beloved pets.

Hanoi examines, revokes pending projects

Hanoi needs to remove barriers and obstacles preventing growth.

Trade remedies to Thai sugar boost domestic recovery

After the Vietnamese imposition of anti-dumping and anti-subsidy duties, the volume of Thai sugar imported to Viet Nam hit a four-year low in Q1 of 2022, speeding up the recovery of domestic sugar.

Where to go and what to do in Hanoi for locals and tourists?

Famous tourist attractions in Hanoi and tours between the capital city and neighboring provinces will help turn the visits on the occasion of the 31st SEA Games into memorable experiences.

Lowering logistics costs key to competitiveness

Lowering logistics costs is key to increasing the competitiveness of Vietnam’s export products and the whole economy.

Banks urged to ‘sacrifice’ profit to rescue businesses

Many commercial banks have set high profit targets, which makes it difficult to reduce lending interest rates. However, there is still room for banks to cut interest rates if they can accept lower profits.

Vietnam eyes 15-day visa exemption from Russia

Vietnam's Trade Counsellor in Russia Duong Hoang Minh has proposed the Russian Government consider exempting visas for Vietnamese tourists for 15 days, in the context that it has exempted visas for visitors from Laos and Thailand for 30 days.

Pets banned on Hanoi pedestrian street

The walking of pets on Hoan Kiem pedestrian area in Hanoi will be entirely banned from May 27.

Doctors warn of ‘precocious puberty’ condition and parents’ misuse of medicine

Since 2003, nearly 3,000 children have been brought to the National Children’s Hospital to receive treatment related to precocious puberty, according to Nguyen Ngoc Khanh of the hospital’s Department of Endocrinology - Metabolism - Genetics.

31ST SEA GAMES: UPDATES MAY 20

SEA Games 31: Swimmer Nguyen Huy Hoang shines with two more golds for Vietnam on May 19

USAID helps ease congestion at Cat Lai container port

The USAID and the General Department of Vietnam Customs unveiled an action plan comprising of 21 solutions aimed at improving the operational efficiency of Cat Lai container port, during a workshop held on May 19 in HCM City.

Former Deputy Health Minister gets four years in jail in fake medicine case

Former Deputy Health Minister Truong Quoc Cuong was given four years in jail in the first-instance trial of the case relating to the trading of counterfeit medicine labelled as Health 2000 Canada.

HCM City real estate: more high-end property, but fewer affordable products

For high-end large-scale projects and developers with projects that need to borrow capital, HCM City People’s Committee believes that it’s necessary to strengthen supervision over the granting of credit.

Korea resumes granting visas to Vietnamese tourists

The Republic Korea (RoK)’s Ministry of Justice announced on May 19 the issuance of tourist visas for international travelers, including Vietnamese visitors.

SSC officials disciplined in move to ‘clean’ the stock market

The Central Inspection Commission has announced the expulsion of Le Hai Tra, General Director of the HCM City Stock Exchange (HOSE), and has disciplined a number of leaders and former leaders of the State Securities Commission (SSC).
back_to_top