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Vietnam unveils its Green Growth strategy

October 4, 2012

Vietnam unveils its Green Growth strategy

Vietnam has outlined its commitment to reducing greenhouse gases (GHG) emissions with the implementation of the Green Growth strategy as approved by the Prime Minister last week. The strategy sets a number of targets for improving the environmental situation of the country between now and 2020 by reducing its GHG emissions by 8 to 10 percent based on 2010 levels.

The Director of the Institute of Strategy and Policy on Natural Resources and Environment, Nguyen Van Tai, said that although GHG emissions in Vietnam has been increasing rapidly in the past few decades, it still remains low compared with other developed countries. “Technically, Vietnam has not been subject to any international mandatory obligations to cut down its emission level. However, Vietnam has formulated its Green Growth strategy on its own initiative to make use of international assistance on this issue,” Tai said.

The strategy outlines a number of key measures to achieve this target. The main plan is for energy use to be more efficient with the reduction of energy consumption in industrial activities, transport and commerce which is hoped to be achieved via technology renovation, adaptation of advanced operation process and development of modern infrastructure.

Read more at CleanBiz and VietNamNet.

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