Norway will accompany Vietnam for a green and sustainable economic recovery

>> Vietnamese government pursues comprehensive recovery with consideration for the environment
>> International conference to support Vietnam’s green economy recovery
>> Offshore Wind: Norway is ready to work with Vietnam

Grete Lochen, the Vietnamese ambassador to Norway, held the Vietnam Government and the United Nations Development Program (UNDP) on February 25 in Hanoi.

This is a very timely event, demonstrating the Vietnamese government’s determination to revive the post-pandemic green economy, leave no one behind, and at the same time fulfill Vietnam’s promises in 26 years.When Conference of the Parties to the United Nations Framework Convention on Climate Change.

Grete Lochen, Ambassador to Vietnam, Norway.

Photo: BQT / CVN

chance

This is an opportunity for Vietnam to regain its green, inclusive economy and transform it into a green, cyclical, low-emission economic model. Ambassador Grete Rochen said it was important to have appropriate legislation, predictable policies and a fair competition to attract domestic and foreign investment.

In particular, the development of clean energy sectors, infrastructure, water and natural resource management is essential for Vietnam to fulfill its commitment to achieve net zero emissions by 2050. each other.

According to Ambassador Grete Rochen, Norway is one of the leading countries in applying green technology and innovation to economic development.

Involve all stakeholders

For Norway, the Paris Agreement on Climate Change remains the starting point for developing economic recovery measures. Norway has significantly increased its Nationally Determined Contribution (NDC) to fund climate change measures and sustainable development programs.

In addition, Norway pays particular attention to developing recovery policies that create jobs and develop green technologies to facilitate economic and climate change efforts.

Norwegian companies are ready to assist Vietnam in developing smart plastic waste management solutions.

Photo: Reuters / VNA / CVN

Technology and smart technology-based solutions are considered a key factor in facilitating green recovery.

In the face of a pandemic, the Norwegian government has compensated for many of its household and corporate income losses through automated support programs and direct compensation.

One of Norway’s effective approaches is to involve all stakeholders, including government, academia, the private sector and civil society. Everyone is involved in policy development, implementation and coordination.

Regarding Vietnam’s support for Vietnam on climate change and green and sustainable economic recovery, Grete Lochen said the Norwegian government has been bilateral on many projects UNDP is implementing in Vietnam to protect the environment. He said he provided financial support during and within the ASEAN region. It handles plastic waste intelligently, improving the ability of locals to collect and separate waste, while encouraging the promotion of creative ideas for this purpose.

Long-term investment

A typical project is the Innovative Challenge to Reduce Plastic Pollution (EPPIC) launched in June 2020 in six ASEAN countries, seeking plastic waste treatment solutions in Halong Bay (Vietnam) and Koh Samui (Thailand). doing. Another Norwegian-backed project is the scale-up of the plastic and household waste management community model (DWP5C) in five cities in Quang Ninh (north), Da Nang, Binh Dinh, Binh Thanh (center) and Binh Duong (south). ..

Vietnam is one of the five Asian countries selected by the Norwegian Science and Industry Research Fund (SINTEF) to carry out a project (OPTOCE) to turn marine plastics into a circular economy opportunity. OPTOCE’s goal is to propose new solutions for more efficient waste management and promote their reflection in the circular economy.

“”However, most importantly, there is a special interest of Norwegian companies to contribute to Vietnam’s green transition by developing technologies for offshore wind energy projects, solar power generation, and smart plastic waste management solutions. That’s why this international conference presents three leading Norwegian companies in the field of renewable energy and innovation: Equinor, Tomra and Scatec. They are most representative in the areas of innovation, recycling, high tech, offshore wind and solar energy.“Ambassador Grete Rochen said.

Norwegian diplomats argued that these companies were very successful long-term investors in emerging markets. It is important that these companies want to invest in Vietnam in the long run.

..