At the meeting with Deputy Prime Minister Tran Hong Ha, the Canadian Climate Change Ambassador expressed his desire to contribute to Vietnam's renewable energy development plan, especially opportunities for the private sector.
At noon on March 14, at Government Headquarters, Deputy Prime Minister Tran Hong Ha received Canadian Ambassador for Climate Change Catherine Stewart and Canadian Ambassador to Vietnam Shawn Perry Steil.
Discussing the implementation status of the Fair Energy Transition Agreement (JETP) in which Canada also participates, the Deputy Prime Minister said that Vietnam has issued the National Electricity Development Plan for the period 2021-2030, vision by 2050 (Power Plan 8) with the goal of developing renewable energy to achieve the commitment to reduce net greenhouse gas emissions to zero (Net Zero) by 0.
Therefore, Vietnam urgently needs support in calculating scientific and technical arguments, technological conditions, and human resources to solve "problems" when developing renewable energy such as ensuring balance and stability. determine the basic electrical system; transmission costs; price.
According to the Deputy Prime Minister, the financial needs to implement JETP have been announced, but countries need to clarify the cooperation mechanism between governments and the private sector, between businesses and international financial institutions.
Vietnam wants investors to propose ideas, build specific projects, calculate legal issues, and then generalize them into national mechanisms and policies. The Deputy Prime Minister affirmed that Vietnam is not limited to developing renewable power sources for export, hydrogen production, and direct electricity trading.
The Deputy Prime Minister highly appreciated Canada's viewpoints and policies on climate change response and Green transformation. Notably, the "Global Carbon Pricing Challenge" initiative is important in promoting the reduction of greenhouse gas emissions globally. Canada can share experiences, methods, and carbon pricing tools to support Vietnam in building a carbon market.
Thanking the Deputy Prime Minister for taking the time to receive, Ambassador Catherine Stewart expressed her agreement with the Deputy Prime Minister's opinions on the issues raised during the implementation of JETP as well as solutions.
Canada considers cooperation in implementing JETP with Vietnam as a model to continue promoting cooperation in the fields of environment and climate change.
Expressing excitement about Vietnam's renewable energy development plan, Ms. Catherine Stewart hopes to contribute solutions to this field in Vietnam, especially opportunities for the private sector.
Canada's Ambassador for Climate Change expressed his impression of Vietnam's commitment to achieving the Net Zero goal by 2050; We hope to have Vietnam's cooperation and support to reach an agreement on reducing marine waste and plastic waste at sea./.
