A wind farm in Vietnam’s central Quang Tri Province in 2021. Picture by VnExpress/Hoang Tao
Government Vice President of the European Fee (EC) Frans Timmermans has expressed his want to step up cooperation with Vietnam in inexperienced vitality growth.
Throughout his three-day go to to Vietnam from Feb. 17 to 19 to debate Vietnam’s guarantees at 2021 U.N. Local weather Change Convention (COP26) in Scotland final November, Timmermans mentioned “Vietnam has taken an bold step ahead by setting a goal of internet zero emissions by 2050. This is a vital purpose that requires initially a halt to new coal-fired energy tasks that haven’t any applied sciences to maintain carbon dioxin.”
“The EU is keen to proceed to assist Vietnam in its inexperienced transition. Vietnam has nice potential to proceed creating renewable vitality. Over the previous few days, we now have mentioned the instructions to use Europe’s expertise, experience and monetary assist to speed up this transition,” in response to the Delegation of the European Union in Vietnam.
The go to of Timmermans additionally marks the implementation of the worldwide cooperation and growth program between the EU and Vietnam for the interval of 2021-2027, which was permitted final December.
The EU will present non-refundable support of 210 million euros (greater than $237.6 million) over 4 years of 2021-2024 for Vietnam to strengthen bilateral cooperation and promote widespread pursuits within the fields of precedence areas like climate-responsive digital round economic system, accountable entrepreneurship and enhanced expertise for respectable employment, and strengthening governance, rule of regulation and institutional reform.
Prime Minister Pham Minh Chinh affirmed Vietnam would actively develop sustainable vitality and work in direction of decreasing coal-fired energy in a video despatched to Russian Power Week Worldwide Discussion board final October.
The nation would diversify its vitality sources, specializing in creating clear and renewable vitality through wind energy, solar energy, biomass energy, and waste to vitality energy, aiming to extend the share of unpolluted vitality to at the least 20 p.c by 2030 and 30 p.c by 2045 in its whole main vitality provide, he mentioned.
At COP26, Vietnam was amongst a 190-strong coalition of nations and organizations pledging to section out coal-fueled energy technology and cease constructing new vegetation.