With the right mix of policies and strategies, Vietnam can leverage its decarbonization efforts to advance development objectives so that achieving net zero emissions does not reduce GDP growth.
Sweden said the bilateral relations cover not only political and economic ties but also stance on foreign policies.
Washington affirms that the presence of US companies in Vietnam reflects the bilateral deep commitment to helping the nation achieve its climate sustainability goals.
Given net-zero commitments, Vietnam is now at a crossroads to transform routes that benefit both the economy and the environment.
The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation.
The project will help Vietnam reduce risks for and respond to disasters and climate change.
The partnership with the world’s advanced economies will help Vietnam address financial problems to pursue the low-carbon strategy.
The US President expressed his affection for Vietnam and its people, mentioning he and his friends John McCain during their time in the Senate had been lobbying for improvements in Vietnam-US relations.
The Memorandum of Understanding formalizes and deepens the existing cooperation between the Ministry of Construction of Vietnam and AFD toward sustainable and resilient cities.
The strategy aims to realize the country's commitment to climate change response and policy on attracting investments in cooperation areas towards building a green economy.
Vietnam poured approximately US$6.5 billion into activities adjusting to actual or expected future climate during 2016-2020
John Kerry affirmed the US supports Vietnam’s net zero journey through timely and concrete renewable energy strategies, sustainable infrastructure, and water management.
The income level of farmers is expected to rise 2.5-3-fold against 2020, along with the reduction of the multidimensional poverty rate by 1-1.5%.
Over the past few decades, the energy sector has played a fundamental role in driving Vietnam's rapid and inclusive economic growth.
Organizations will be willing to invest much more than today in addressing climate change over the next three to five years.
Vietnam pledged to reduce greenhouse gas emissions by 9% by 2030 with domestic resources and could be increased up to 27% with international support.
The project, funded by the Green Climate Fund, aims to strengthen the resilience of smallholder agriculture to climate change-hit water insecurity areas.
