COP26

Update news COP26

Organization to buy forest carbon credit for $10/ton of CO2

Under an agreement, Vietnam will transfer to LEAF/Emergent 5.15 million tons of CO2 in reduced emissions from forests in the south central region and Central Highlands to 2026. The price is at least $10 per ton of CO2.

Vietnam needs hundreds of billions of dollars to cut emissions to zero

To minimize the impact of climate change and cut emissions to zero percent, Vietnam will need heavy investment from the state and private sector.

National plan issued to implement Glasgow declaration on forests, land use

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.

Prime Minister presides over national COP26 Steering Committee on green growth

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.

Legislation for trading carbon credits needed

Vietnam has introduced a roadmap for the development of the domestic carbon market by 2027, preparing for a Net Zero future as part of the country’s commitments to climate change at the UN Climate Change Conference in Glasgow (COP26).

Prime Minister's message during trip to Europe

Vietnam needs financial resources to develop and fulfill its commitments on green development.

JETP mobilises US$15.5 billion to support Vietnamese green transition

Leaders from Vietnam, the UK and the European Union (EU) on December 14 announced a new ambitious Just Energy Transition Partnership (JETP)

UK to support Vietnam to realise its commitments at COP26 through smart city solutions

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 John Kerry: clean energy will help attract more investment

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.

Action plan on electric vehicles signed

In 2022-2030, Vietnam plans to shift to using electric vehicles for road transport. By 2050, 100 percent of buses and taxis would use electricity and green energy.

Businesses urged to adopt green production to avoid high taxes

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.

US committed to helping Vietnam realise its COP26 goals: Ambassador Knapper

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.

Wind power ‘capitals’ see financial windfall

The Central Region and Central Highlands of Vietnam are considered the capitals of wind power. Many provinces have exceeded their budget revenue target for the first time thanks to wind power.

From COP26: Vietnam's journey to become the world's green production center

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 warned of 6°C rise by century end

As one of the few hardest-hit countries by climate change, Vietnam is urged to take drastic measures to curb impacts that will not appear in the distant future.

Net zero emissions: a strong commitment from Vietnam

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.

Ministry vows to have enough coal for electricity generation

Coal-fired thermopower plants are concerned as Vinacomin and Dong Bac Corporation lack enough coal for electricity generation.

Global climate efforts now underway

With its strong commitment to bring greenhouse gas emissions to a net-zero level over the next three decades, Vietnam has begun to receive assistance from the international community in order to materialise this strategy,

Vietnam, EU seek to promote energy partnership

Prime Minister Pham Minh Chinh hosted a reception for visiting Executive Vice President of the European Commission (EC) Frans Timmermans in Hanoi on February 18.

 

PM orders establishment of Renewable Energy Center

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.