Deputy Minister Nguyen Hoang Long worked with the working delegation of the Green Climate Fund and the World Bank in Vietnam.

Attending the meeting, on behalf of the Ministry of Industry and Trade, there were Deputy Minister Nguyen Hoang Long and Ms. Nguyen Thi Lam Giang - Director of the Department of Innovation, Green Transformation and Industrial Promotion.

On behalf of the Green Climate Fund and the World Bank, there were Mr. Hemant Mandal, Director of Asia- Pacific Region and Ms. Zayra Romo, Head of Energy and Infrastructure, World Bank in Vietnam.

At the meeting, Deputy Minister of Industry and Trade Nguyen Hoang Long shared Vietnam's strategic orientations in the field of improving energy efficiency and promoting green transformation, emphasizing the importance of mobilizing investment, effectively exploiting green financial resources, and guaranteeing risks to realize the set goals and ensure effective implementation.

Representative of the Green Climate Fund (GCF) and World Bank delegation in Vietnam, Mr. Hemant Mandal acknowledged that Vietnam's development orientation is completely consistent with GCF's support strategy. At the same time, GCF also highly appreciated Vietnam's growth potential and expressed its desire to accompany and support Vietnam to become an economic development driver of the Asian region. GCF expects to promote cooperation through the SIBAs mechanism - a mechanism promoted by GCF to mobilize activities and investment resources at the local level towards small and medium-sized enterprises to access green finance, thereby contributing to accelerating the green transformation and sustainable development process in Vietnam.

At the end of the meeting, Deputy Minister of Industry and Trade Nguyen Hoang Long requested the Green Climate Fund (GCF) and the World Bank to continue supporting the Ministry of Industry and Trade in implementing ongoing programs and projects and research to expand cooperation in priority areas in Vietnam's energy transition process such as offshore wind power development, solar power, and grid connectivity with countries in the Southeast Asian region.

Source: Department of Innovation, Green Transformation and Industrial Promotion

Source: https://moit.gov.vn/tin-tuc/hoat-dong/hoat-dong-cua-lanh-dao-bo/thu-truong-nguyen-hoang-long-lam-viec-voi-doan-cong-tac-cua-quy-khi-hau-xanh-va-ngan-hang-the-gioi-tai-viet-nam.html