Việt Nam,soi kèo aston Canada promote cooperation in climate change response, renewable energy

March 14, 2024 - 17:33 Your browser does not support the audio element. Việt Nam hopes Canada will share experience, methods, and carbon pricing tools to support Việt Nam in building a carbon market

Deputy Prime Minister Trần Hồng Hà (right) and Canadian Ambassador for Climate Change Catherine Stewart had talks on Thursday in Hà Nội. — VNA/VNS Photo

HÀ NỘI — Deputy Prime Minister Trần Hồng Hà received Canadian Ambassador for Climate Change Catherine Stewart and Canadian Ambassador to Vietnam Shawn Perry Steil in Hà Nội on Thursday.

Discussing the implementation of the Just Energy Transition Partnership (JETP) to which Canada is also a member, Hà said that Việt Nam has issued the National Power Development Plan in the 2021-30 period, with a vision to 2050 (PDP VIII) to develop renewable energy to achieve the goal of net-zero emissions by 2050.

Therefore, Việt Nam needs support in considering scientific arguments, techniques, technologies, and human resources to solve problems when developing renewable energy.

According to the Deputy PM, although the financial needs to implement JETP were announced, countries need to clarify the cooperation mechanism between government and the private sector, between businesses and international financial institutions. Việt Nam hopes that investors will propose ideas, build specific projects, consider legal issues, and then make them national mechanisms and policies.

Deputy PM Hà praised Canada's viewpoints and policies on climate change response and green transition, especially its "Global Carbon Pricing Challenge” initiative, which is important in promoting the reduction of greenhouse gas emissions globally. Việt Nam hopes Canada will share experience, methods, and carbon pricing tools to support Việt Nam in building a carbon market, Hà said.

For her part, Catherine Stewart agreed with the Vietnamese Deputy PM on the issues relating to the JETP implementation.

She said Canada considers cooperation with Việt Nam in implementing the JETP as a model to continue fostering cooperation in environment and climate change.

Regarding Việt Nam's renewable energy development plan, she hopes to contribute solutions to this field in Việt Nam, especially regarding opportunities for the private sector.

She also expressed her impression of Vietnam's commitment to achieving net-zero emissions by 2050 and hoped that Việt Nam will cooperate and support reaching an agreement on reducing marine waste, particularly plastic waste. — VNS

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