Director of the Net Zero Institute: Vietnam is rapidly transitioning to Net Zero.

(Dan Tri Newspaper) - According to the director of the Net Zero Institute (University of Sydney), the common goal of Vietnam and Australia is net zero emissions by 2050. She said Vietnam is expanding and transforming very rapidly in its Net Zero journey.

Recently, the University of Sydney Vietnam Institute, part of the University of Sydney, Australia, launched in Hanoi. The institute operates as a non-profit social enterprise, bringing together scientists to conduct practical applied research projects in Vietnam. At the event, representatives announced the institute's main mission: conducting multidisciplinary research across various fields, including health, agriculture , arts, social sciences, and business , as well as launching Net Zero initiatives to create a far-reaching impact and contribute to the prosperity of both countries. Speaking to a reporter from Dan Tri newspaper on the sidelines of the event, Professor Deanna M. D'Alessandro, Director of the Net Zero Institute at the University of Sydney, stated that both Australia and Vietnam have committed to achieving net zero emissions by 2050. She noted that the challenges facing Vietnam are also challenges Australia is facing, as both countries rely heavily on fossil fuels. Greenhouse gas emissions primarily stem from the use of fossil fuels, and both countries face the challenge of transitioning to cleaner energy sources such as renewable energy. The green energy transition is an inevitable global trend to address climate change and achieve sustainable development. The Director of the Net Zero Institute also noted that Vietnam is expanding and transitioning very rapidly in its Net Zero journey. "I am very impressed with the speed, scale, and sustainable development solutions implemented in Vietnam. The green energy transition will help Vietnam catch up with the trend. I believe there is much that Australia can learn and cooperate with Vietnam on so that both countries can achieve net-zero emissions by 2050," she shared.

Giám đốc Viện Net Zero: Việt Nam đang chuyển đổi nhanh về Net Zero - 1

Professor Deanna M. D'Alessandro, Director of the Net Zero Institute, University of Sydney (Photo: University of Sydney).

She believes the economic opportunities for a Net Zero transition are also significant. Economically, clean energy technologies are essential, and Vietnam is leading in many clean energy technologies. To achieve the goal of a green transition, we can reduce the use of fossil fuels and use clean fuels such as hydrogen. Sharing at the Net Zero Symposium shaping the future of green technology, Professor Ken Tye Yong of the University of Sydney also suggested that to reduce the use of fossil fuels, we can use renewable energy sources such as solar, wind, or hydropower to reduce carbon emissions. In addition, we can use energy-efficient equipment and invest in advanced machinery that consumes less energy. The Australian government and international donors have committed non-profit funding of A$40-45 million (approximately over VND 700 billion) to the University of Sydney Vietnam. The institute is a non-profit enterprise, therefore all revenue will be used to invest in research activities in Vietnam. Professor Nguyen Thu Anh, CEO of the University of Sydney Vietnam Institute, shared that the institute has enormous potential in promoting collaboration, innovation, and creativity to create a positive impact not only in Vietnam but also beyond. "We look forward to collaborating with domestic and international organizations and individuals to build a solid foundation to enhance multidisciplinary research capabilities and improve the quality of life for local and global communities," Ms. Thu Anh stated. Professor Emma Johnston, Vice-Chancellor for Research at the University of Sydney, also said that the institute is built on a long history of collaboration with researchers, students, the business community, and government agencies in Vietnam.

Dantri.com.vn

Source: https://dantri.com.vn/kinh-doanh/giam-doc-vien-net-zero-viet-nam-dang-chuyen-doi-nhanh-ve-net-zero-20240621155756731.htm