PM calls for development of energy transition industry to realize commitments at COP26

The Government chief stressed the above point on Thursday while addressing the 3rd meeting of the National Steering Committee for implementation of Viet Nam's commitments at the COP26.

Realization of the commitments offered a chance for Viet Nam to switch gears to sustainable development, Pham emphasized.

Following the COP26, Viet Nam has actively embarked on realizing its commitments, according the Ministry of Natural Resources and Environment.

After the second meeting of the National Steering Committee, relevant ministries has focused on drafting a national strategy on clime change through 2050, an action plan on transition to green energy and reduction of carbon and methane emissions, a national action plan on green growth for 2021-2030, and an action plan for reduction of methane emissions until 2030, said the ministry.

The Ministry of Planning and Investment has actively reviewed the draft version of the National Power Development Plan for 2021-2030, vision to 2045. Several ministries such as the Ministry of Industry and Trade, the Ministry of Transport, the Ministry of Construction, and the Ministry of Foreign Affairs have introduced their action plans to implement Viet Nam's commitments at the COP26.

A number of ministries and agencies have signed agreements or memoranda of understanding with international organizations and foreign financial institutions.

The State Bank of Viet Nam said many partners such as AFD, ADB, World Bank, and HSBC expressed their wish to support Viet Nam in advancing green and sustainable development./.