The study identifies systemic critical issues and hazard-specific, high-risk locations in Vietnam’s transport network.
A two-volume study laying out a pathway to a low-carbon and climate-resilient transport sector in Vietnam was released at a workshop on “Addressing climate change in transport” in Hanoi on September 16.
This analytical work comes at a critical time when the Vietnamese government is updating its Nationally Determined Contribution on reducing carbon emissions and set out its next medium-term public investment plan for 2021-2025.
“A resilient transport system is critical to the continued success of Vietnam’s economy, which relies heavily on external trade and seamless connectivity,” said World Bank Country Director for Vietnam Ousmane Dione.
“We hope that the findings and recommendations of this new report will help Vietnam in its efforts to achieve a resilient and sustainable transport sector,” Ousmane Dione added.
The first volume demonstrates that by employing a mix of diverse policies and investments, Vietnam can reduce its carbon emissions in the transport sector up to 9% with only domestic resources by 2030, and 15-20% by mobilizing international support and private sector participation.
Currently, the transport sector contributes about 10.8% of the total CO2 emissions. In a business-as-usual scenario, these emissions are projected to grow at an annual rate of 6-7% to nearly 70 million tons CO2.
The most cost-effective measures to boost the resilience of the transport sector include shifting traffic from roads to inland waterways and coastal transport, deploying stricter vehicle fuel economy standards, and promoting electric mobility.
The second volume provides a methodological framework to analyze critical and vulnerable points of the transport network, and presents a strong economic case for investing in building the climate resilience of Vietnam’s transport networks.
A vulnerability assessment looks at the potential impact of different hazards on the transport corridor or network, and the criticality assessment considers such questions as which links and routes along transport networks are the most critical for the unimpeded flow of transport across a particular transport network.
The study identifies systemic critical issues and hazard-specific, high-risk locations in Vietnam’s transport network. Considering climate change, it is estimated that 20% of the network is most critical in terms of its exposure to future disaster risks.
Meanwhile, road failures can result in very high daily losses of up to US$1.9 million per day, while railway failures can result in losses as high as US$2.6 million per day.
To prepare for the increasing intensity and frequency of extreme hazards due to climate change, it is imperative to make investments to overhaul existing road assets to higher climate-resilient design standards.
Given the vulnerability of land-based transport, a shift to waterborne transport offers a good resilience strategy. A 10% shift in that direction could reduce climate risks by 25%, according to the report.
This analytical work comes at a critical time when the Vietnamese government is updating its Nationally Determined Contribution on reducing carbon emissions and set out its next medium-term public investment plan for 2021-2025.
An overview of the workshop. Photo: Hong Xiem
|
“We hope that the findings and recommendations of this new report will help Vietnam in its efforts to achieve a resilient and sustainable transport sector,” Ousmane Dione added.
The first volume demonstrates that by employing a mix of diverse policies and investments, Vietnam can reduce its carbon emissions in the transport sector up to 9% with only domestic resources by 2030, and 15-20% by mobilizing international support and private sector participation.
Currently, the transport sector contributes about 10.8% of the total CO2 emissions. In a business-as-usual scenario, these emissions are projected to grow at an annual rate of 6-7% to nearly 70 million tons CO2.
The most cost-effective measures to boost the resilience of the transport sector include shifting traffic from roads to inland waterways and coastal transport, deploying stricter vehicle fuel economy standards, and promoting electric mobility.
The second volume provides a methodological framework to analyze critical and vulnerable points of the transport network, and presents a strong economic case for investing in building the climate resilience of Vietnam’s transport networks.
A vulnerability assessment looks at the potential impact of different hazards on the transport corridor or network, and the criticality assessment considers such questions as which links and routes along transport networks are the most critical for the unimpeded flow of transport across a particular transport network.
The study identifies systemic critical issues and hazard-specific, high-risk locations in Vietnam’s transport network. Considering climate change, it is estimated that 20% of the network is most critical in terms of its exposure to future disaster risks.
Meanwhile, road failures can result in very high daily losses of up to US$1.9 million per day, while railway failures can result in losses as high as US$2.6 million per day.
To prepare for the increasing intensity and frequency of extreme hazards due to climate change, it is imperative to make investments to overhaul existing road assets to higher climate-resilient design standards.
Given the vulnerability of land-based transport, a shift to waterborne transport offers a good resilience strategy. A 10% shift in that direction could reduce climate risks by 25%, according to the report.
Other News
- Vietnam, Bulgaria to boost trade and investment cooperation
- Vietnam news in brief - November 25
- Vietnam news in brief - November 24
- Vietnam, Cambodia commit to strengthening ties amid growing global challenges
- Vietnam’s future path hinges on ASEAN robust development: Party Chief
- Vietnam news in brief - November 23
- International Food Festival 2024 to gather stands from 60 countries, territories
- Vietnam news in brief - November 22
- Vietnam, Dominican Republic strengthen economic ties
- Vietnam news in brief - November 21
Trending
-
Hanoi spearheads anti-waste measures to accelerate urban development
-
Vietnam news in brief - November 24
-
Vietnam, Bulgaria to boost trade and investment cooperation
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024