Vietnam attends AZEC Ministerial Meeting in Tokyo

VOV.VN - A Vietnamese delegation led by Deputy Prime Minister and Minister of Natural Resources and Environment Tran Hong Ha attended the Asia Zero Emission Community (AZEC) Ministerial Meeting held in Tokyo, Japan on March 4.

During the meeting, Ha presented a number of important initiatives of Vietnam, while applauding the Japanese Government's initiative to organise the meeting right after the 27th UN Climate Change Conference (COP27).

He highlighted this as an important and suitable forum to step up intergovernmental cooperation in reducing greenhouse gas emissions, thus contributing to sustainable development in the region.

Ha also touched upon difficulties in achieving the targets set by the Paris Climate Agreement, saying this requires intelligence, cooperation and high solidarity.

He underlined the need to bolster cooperation between government and government, between governments and enterprises, and use public investment to lead private finance in the context of private finance being an important resource for emission reduction efforts.

Deputy PM Ha suggested countries put forward a very methodical and realistic emissions reduction roadmap, but not at all costs, as socio-economic issues should be taken into account.

On this occasion, Ha laid stress on Vietnam's commitments to and efforts in responding to climate change and cutting greenhouse gas emissions, including measures to increase the proportion of renewable energies.

He proposed participating countries establish specific institutions such as a carbon credit market of the region, and a research and technology transfer centre, because technology is a key to reduce emissions while ensuring energy security and ensuring the state, people and businesses have access to clean energy at affordable prices.

Ha also suggested setting up a scientific research support fund and a high-quality human resource training centre, while underscoring the importance of digital transformation to promote exchanges and dialogues on policies and techniques to increase the efficiency of the implementation of emissions reduction measures and ensure the implementation of socio-economic targets.

At the meeting, delegates adopted a joint statement about the “Asia Zero Emission Community” which outlines cooperation orientations in the coming time to achieve inclusive, just, sustainable and affordable energy transition in Asia.

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