UNDP supports Vietnam’ greenhouse gas emissions cut
A project to increase Vietnamese industries' capacity to control greenhouse gas emissions and their ability to adapt to climate change was launched on April 17.
The US$3.05 million project funded by UNDP, which will end in 2016, aims to reduce greenhouse gas emissions in industrial production and create trading opportunities for Vietnamese companies in the "green" field.
It comprises of three sub-projects, one of which is to analyse policies and factors that have influenced greenhouse gas emissions in production and consumption as well as recommend suitable technical solutions to the matter.
The project also aims to improve policymakers' awareness of climate change and support links to industrial businesses, financial institutions and service providers to boost investment in sustainable industrial production.
Deputy Minister of Industry and Trade Le Duong Quang said that in the past, the Vietnamese Government had many programmes aiming to adapt, control and minimise the impact of climate change.
In the National Strategy of Green Growth, Vietnam has targeted a reduction of 8-10 percent in greenhouse gas emissions in 2020 compared to 2010, he said.