Published 14 December 2022
- The Governments of the Socialist Republic of Viet Nam, together with the International Partners Group, consisting of the European Union, the United Kingdom of Great Britain and Northern Ireland, the United States of America, Japan, the Federal Republic of Germany, the Republic of France, the Italian Republic, Canada, the Kingdom of Denmark and the Kingdom of Norway;
- Recognising the need to accelerate action towards the objectives and long-term goals of the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement, including through the implementation of the Glasgow Climate Pact, to minimise the worst adverse impacts of climate change for countries, people and the environment;
- Noting that limiting global warming to 1.5°C to mitigate the worst adverse impacts of climate change requires rapid, deep and sustained reductions in global greenhouse gas emissions, including reducing global carbon dioxide emissions by 45% by 2030 relative to the 2010 level and to net zero around mid-century as well as deep reductions in other greenhouse gas emissions, emphasising climate change adaptation and achieving net zero emissions as an opportunity for sustainable development;
- Recognising that for Viet Nam, as an independent, sovereign and fast developing lower middle income country heavily affected by the impacts of climate change, it will be key to embrace the opportunities brought about by the fast decreasing cost of renewable energies as an opportunity for sustainable development and to tackle related challenges such as poverty, inequality and unemployment, which are exacerbated by the impact of the COVID-19 pandemic and climate change, and that vulnerable groups and some important economic sectors may be impacted by the energy transition, including thermal electricity generation, coal mining, heavy industry and transport;
- Recognising the need for new, predictable, long-term and sustainable support from partner countries, multilateral organisations and investors in finance, technology and capacity building for Viet Nam to exploit fully the opportunities of the transition in accordance with the national framework of public debt and external debt management to contribute significantly to the implementation of the NDC of Viet Nam, its commitment to reach to net zero greenhouse gas emissions by 2050 and its development orientation to become a high-income developed country by 2045; Tiếp tục đọc “Political declaration on establishing the Just Energy Transition Partnership with Viet Nam”