VIETNAM CHAMBER OF COMMERCE AND INDUSTRY
Liên Đoàn Thương Mại Và Công Nghiệp Việt Nam
Thu, Dec 02, 2021, 01:50:00
The United Kingdom (UK) is really impressed with Viet Nam’s new 2050 net zero target as it shows a real step forward in ambition and is a big contribution to keeping 1.5 degrees within reach, and stopping catastrophic global warming, shared British Ambassador to Viet Nam, Gareth Ward, in a recent announcement.
British Ambassador to Viet Nam Gareth Ward - Photo: VGP/Thuy Dung
On November 1, at the 26th United Nations Climate Change Conference of the Parties (COP26) World Leaders Summit in Glasgow, Prime Minister Pham Minh Chinh announced strong commitments to tackling climate change, including the target to achieve net zero emissions by 2050.
Viet Nam has also agreed to support a number of important statements and initiatives on protecting forests, on shifting to renewable energy, on supporting adaptation for local communities, and on methane reduction. All of these statements further strengthen Viet Nam’s commitment to tackling climate change.
The British diplomat emphasized that: “We look forward to continuing to work with Viet Nam on a successful outcome to COP26, and to support the implementation of Viet Nam’s new climate commitments and its energy transition, drawing on international climate finance.”
Around 120 leaders came together in Glasgow at the start of COP26, launching two weeks of global negotiations to help determine whether humanity can drive forward the urgent action needed to avoid catastrophic climate change. The opening of COP26 saw several new finance announcements to progress action on the US$100 billion and address adaptation finance.
The UK Prime Minister Boris Johnson announced that the FCDO-backed Private Infrastructure Development Group (PIDG) will commit more than £210m in new investment to back transformational green projects in developing countries, including Viet Nam.
