Prime Minister Pham Minh Chinh attends and speaks at the session 'Joint efforts for a sustainable planet' at the expanded G7 Summit.

On the afternoon of May 20, within the framework of the expanded G7 Summit, Prime Minister Pham Minh Chinh attended and spoke at the session "Joint efforts for a sustainable planet", focusing on important topics including climate change adaptation, sustainable energy transition and environmental protection.

Thủ tướng Chính phủ Phạm Minh Chính dự và phát biểu tại phiên họp 'Nỗ lực chung vì một hành tinh bền vững' tại Thượng đỉnh G7 mở rộng

Prime Minister Pham Minh Chinh and heads of delegations at the meeting of the expanded G7 Summit, May 20, in Hiroshima, Japan.

As one of the first leaders to speak at the meeting, Prime Minister Pham Minh Chinh emphasized that sustainable development, climate change response, emission reduction and energy transition can only be successful through a global, all-people approach, promoting multilateralism, self-reliance and self-reliance of each country and extensive international cooperation . The Prime Minister expressed his views on ensuring fairness, rationality, taking into account different conditions and levels among countries; ensuring strategic balance between clean energy transition and global energy security; building fair, diverse, highly practical energy transition roadmaps that are consistent with market rules.

The Prime Minister emphasized that human resources, science, technology and innovation are the central driving force for sustainable development of every country, and the solution to the problem of both rapid and sustainable growth. The Prime Minister suggested that G7 countries and international organizations increase support for developing countries in technology transfer, improving capacity in institutions, infrastructure, human resources, management methods, and building an ecosystem for clean energy development.

The Prime Minister said that the mobilization and effective use of resources is a key factor for sustainable development . G7 countries need to prioritize the timely and effective implementation of financial commitments for development, meeting the urgent need to cancel, extend and restructure debt for poor countries. The Prime Minister proposed a creative approach in mobilizing diverse financial resources, focusing on public-private partnership (PPP), mixed finance associated with the participation of the private sector and foreign investment.

Regarding Vietnam, the Prime Minister affirmed his determination to achieve the goal of bringing net emissions to zero by 2050, although Vietnam is still a developing country, in transition, and a country that has experienced many wars. Assessing this as a huge challenge, it is the path Vietnam has chosen on the basis of promoting internal strength as decisive, fundamental, long-term, and external strength as important and breakthrough.

The Prime Minister emphasized his support for Japan's "Asian Zero Emission Community" (AZEC) initiative and proposed that G7 countries and partners continue to accompany Vietnam in implementing the Fair Energy Transition Partnership (JETP) in a practical and effective manner; contributing to helping Vietnam promote its potential and advantages, become a regional renewable energy center, deeply participate in supporting industrial production chains for clean energy and circular economy. Affirming that wind and solar are energy sources that no one can take away, the Prime Minister shared that Vietnam has just announced the National Power Development Plan for the 2021-2030 period, with a vision to 2050, to promote the development of renewable energy.

The Prime Minister hopes to continue receiving effective support and cooperation in managing and sustainably using water resources, improving the capacity to respond to climate change and rising sea levels, especially in the Mekong Delta of Vietnam, as well as supporting the sustainable development of the Mekong Sub-region.


Prime Minister Pham Minh Chinh and heads of delegations pose for a group photo at the expanded G7 Summit in Hiroshima, Japan.

Prime Minister Pham Minh Chinh and heads of delegations pose for a group photo at the expanded G7 Summit in Hiroshima, Japan.

At the meeting, many leaders shared Prime Minister Pham Minh Chinh's assessment of the importance of solidarity and international cooperation in responding to global challenges, emphasizing the need to quickly make up for the financial shortfall in climate change adaptation. The leaders also supported Vietnam's stance on balancing the implementation of the zero net emissions target with ensuring energy security.

Many countries emphasized that the energy transition can be implemented with many different roadmaps, suitable to the circumstances and conditions of each country. G7 countries affirmed their determination to implement new initiatives such as JETP, Green Climate Fund, Global Infrastructure and Investment Partnership (PGII), Asian Net Zero Emission Community (AZEC)... Developing countries proposed to promote cooperation in technology transfer, preferential capital provision, technical assistance, and implementation of the 100 billion USD commitment for climate finance of developed countries. Many opinions also proposed to promote the diversification of supply chains, ensuring the supply of essential minerals for clean energy development.

Also within the framework of the Conference, Prime Minister Pham Minh Chinh attended an event on the PGII Initiative. This is an important initiative of the G7 group in promoting high-quality infrastructure investment in developing countries through public finance mobilization and public-private partnership.

The expanded G7 Summit in Hiroshima will take place on May 20-21. On May 21, the expanded G7 leaders will continue to attend the 3rd Session on the theme " Towards a peaceful, stable and prosperous world ".

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