The COP President will meet with senior ministers and key stakeholders to advance discussions on a partnership for a just energy transition in Vietnam
He will also visit the Mekong Delta to observe the effects of river bank erosion and sea level rise and meet with local communities affected by climate change
Ahead of attending the G20 ministerial meetings in Bali, the COP President will reiterate the urgent need for countries to update their climate commitments ahead of COP27
COP26 President Alok Sharma will travel to Vietnam on August 27-30, 2022 to meet with key ministers to advance discussions on a Just Energy Transition Partnership (JETP) and see the impact of climate change in the country.
The Vietnam Just Energy Transition Partnership is a long-term political agreement between the Government of Vietnam and an International Partners Group (IPG) of countries that includes the United Kingdom, European Union, France, Germany, Japan and the United States of America. .
This country-led partnership will help Vietnam accelerate its transition from coal as part of the country’s commitment to its net-zero target for 2050 and its ambitious Power Development Plan (PDP8). The partnership is underpinned by clear plans to bring about a just energy transition and catalyze clean energy investments that offer Vietnam the opportunity to become a global leader in renewable energy.
The COP26 President will also meet with G7 donors and development partners, as well as business and private sector stakeholders to drive public and private sector engagement and fund mobilization as part of the process.
He will participate in a round table with civil society organizations to hear their views and insights on progress since COP26, the proposed Partnership for a Just Energy Transition, and the opportunities and challenges of the low-carbon energy transition in Vietnam.
On his third visit to the country as COP President, Mr Sharma will continue the work of the UK COP Presidency by pushing for updated climate commitments from all countries ahead of COP27, as agreed in the Glasgow Climate Pact. Mr Sharma will ask Vietnam to come up with a revised Nationally Determined Contribution (NDC) for 2030 that aligns with its 2050 net-zero target.
Mr Sharma will also visit Can Tho in the Mekong Delta – accompanied by researchers from Can Tho University and the Dragon-Mekong Research Institute – to observe the impact of shore erosion and sea level rise on vulnerable areas. Mr. Sharma will hear first-hand accounts from local communities benefiting from a project on cities’ resilience to flooding and the impacts of climate change.
Alok Sharma, President of COP26 said:
Urgent action is needed to limit global temperature rise to 1.5 degrees and help build prosperous, low-carbon and resilient communities around the world.
The proposed partnership for a just energy transition presents Vietnam with an excellent opportunity to accelerate its transition away from coal to reach its 2050 net-zero target. I am pleased to be back in Vietnam to engage with government ministers, public bodies, business leaders, local communities and civil society to discuss how we can work together for effective climate action.
A clean, just energy transition will not only lead to improved climate action, it will also help create new jobs, economic growth, clean air and a resilient, prosperous future.
After his visit to Vietnam, the COP President will travel to Indonesia to attend the G20 climate and environment ministers’ meeting in Bali.
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Background information for editors
According to the Vietnamese Ministry of Natural Resources and Environment (MONRE), climate change has contributed to a temperature rise of more than 0.5°C and a rise in sea level of 20 cm over the past 50 years. Extreme climate events are also increasing. Over the past two decades, Vietnam has reported 226 extreme weather events that have killed an average of 286 people per year and caused annual economic losses of US$2 billion.
Can Tho is the fourth largest city in Vietnam and the largest city along the Mekong Delta region of Vietnam. The area has experienced floods, storms, and droughts with increasing frequency and unpredictability over the past two decades. According to the Vietnamese Ministry of Natural Resources and Environment (MONRE)’s “Climate Change and Sea Level Rise Scenario Report”, about 20% of the city of Can Tho will become uninhabitable if the sea level rises by 100 cm.
The Power Development Plan 8 (PDP8), developed by the Vietnamese Ministry of Industry and Trade (MOIT), aims to set out Vietnam’s national energy strategy and energy mix for 2021-2030, with a future vision up to 2045.