Vietnam earns international praise for energy transition efforts

VOV.VN - International speakers at the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit have praised the country's strong consensus and practical efforts to accelerate clean energy transition.

At the opening ceremony of the fourth P4G Summit on April 16, Ani Dasgupta, President and CEO of the World Resources Institute (WRI), commended Vietnam’s efforts to promote clean energy transition, especially the goal of enabling 50% of households and businesses to use solar power.

Vietnam is demonstrating a strong national consensus between its policy directions and practical actions. This is the driving force behind its energy transition, he stressed.

However, he also pointed out that global energy transition is still falling short of expectations, even though available technologies can deliver abundant, affordable clean energy. Challenges vary by each country and include capital shortages, lack of infrastructure, fragmented policies, and land constraints.

Dasgupta shared a success story from Kenya, where a public-private partnership in electric transportation helped shift policies, mobilize US$25 million, and spark an electric vehicle revolution.
“This is the kind of partnership we must scale up,” he said, while affirming WRI’s commitment to supporting countries like Vietnam in pursuing a transition that benefits people, nature, and the climate.

At the same event, Ethiopian Prime Minister Abiy Ahmed Ali emphasized the urgent need to adopt practical and inclusive climate action to support the most vulnerable groups suffering from climate change impacts. He noted Ethiopia’s ambitious roadmap to achieve net-zero emissions and build climate resilience by 2050, as outlined in its 2013 Sustainable Development Agenda and the African Union’s 2033 Agenda.

As the host of the fifth P4G Summit in 2027, he reaffirmed Ethiopia’s long-term commitment to joint climate action and sustainable development, urging regional coordination and more ambitious goals for COP30 in Brazil.

Also speaking at the event, UN Deputy Secretary-General Amina J. Mohammed highlighted Vietnam as a leading nation in clean energy,” noting its strong shift away from coal and commitment to just and sustainable development.
She also pointed to the country’s robust inflow of foreign direct investment worth billions of US dollars each month as evidence of its vast potential in inclusive green growth.

Mohammed called on governments to accelerate their national climate plans (NDCs), invest in clean energy, and enhance climate-resilient infrastructure. Businesses and financial institutions, she added, should innovate and collaborate to turn climate challenges into opportunities for sustainable development.

As a founding and key partner of P4G, Vietnam has consistently played a proactive and responsible role in advancing the Forum’s mission, not only through policy alignment but also via cooperative projects that attract valuable resources to support economic development, green growth, and green transition in the country.

The summit is expected to adopt two key documents, including the “Hanoi Declaration on Sustainable, People-Centered Green Transition” and a “Statement on Enhanced Cooperation between P4G and Multilateral Mechanisms to Promote Green Transition and Sustainable Development.”

 

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Party chief delivers keynote policy address at P4G Summit
Party chief delivers keynote policy address at P4G Summit

Party General Secretary To Lam delivered a keynote policy address at the fourth Partnership for Green Growth and the Global Goals 2030 (P4G) Summit that opened in Hanoi on April 16.

Party chief delivers keynote policy address at P4G Summit

Party chief delivers keynote policy address at P4G Summit

Party General Secretary To Lam delivered a keynote policy address at the fourth Partnership for Green Growth and the Global Goals 2030 (P4G) Summit that opened in Hanoi on April 16.