Project on greenhouse gas emission control launched
A project on improving the Vietnamese industry and trade sectors’ capacity to control greenhouse gas emissions and increase adaptation to climate change has been recently launched in Hanoi by the Ministry of Industry and Trade (MoIT) and the United Nations Development Programme (UNDP).
Vietnam Government Portal (VGP) quoted MoIT Deputy Minister Le Duong Quang as saying that the 3 million USD project will be implemented between 2013 and 2016.
It aims to raise awareness and capacity for policy makers, seek suitable mechanisms to respond to climate change, reduce greenhouse gas emissions and tap green trade opportunities to promote the sector’s sustainable production, he said.
The three-component project will focus on analysing and reviewing current policies and recommending mechanisms and solutions to reduce emissions towards a sustainable industrial production.
It will improve policy makers’ awareness of climate change and support the connectivity among businesses while helping financial institutions and service suppliers promote the investment in developing a sustainable industrial production, reducing the emissions and expanding the market.
To realise the project’s targets, Vietnam should have decisive and effective measures for energy usage, said UNDP Deputy Country Director Bakhodir Burkhanov, adding that production should be cleaner and more modern, the behaviors of consumers and businesses must be improved, and relevant agencies should work closely together.
Vietnam is implementing the National Strategy on Green Growth in the 2011-2020 period, with a vision to 2015, in which it has targeted to reduce emissions by 8-10 percent by 2020 compared to 2010.