Vietnam appeals intl partners to help it achieve net zero emissions by 2050

Vietnam's Minister of Industry and Trade Nguyen Hong Dien has stated that the country needs international support to achieve its goal of net zero emissions by 2050.

He shared that the support is needed in terms of concessional capital to take measures for ensuring national energy security.

He expressed such remarks during a meeting with the President for the 26th United Nations Climate Change Conference (COP26) during his Vietnam visit.

The minister shared that the Ministry of Industry and Trade has been "working to update the draft Power Development Plan VIII in a way that continues reducing coal-fired power generation and strongly developing gas-fired power generation to increase the capacity of using electricity from renewable energy sources."

The minister further shared that the country is working to promote the power created by renewable energy, wind and solar power in particular.

On his part, the COP26 President suggested funding be mobilised from public and private sources to invest in green infrastructure projects to carry out Power Development Plan VIII towards net zero emissions by 2050.

In response, the Vietnamese Minister asked the COP26 leader to help electricity businesses of Vietnam to access British and international financial sources, a local report mentioned.

He shared that Vietnam wants to receive technical assistance from developed countries to improve the country’s energy capacity.

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