Vietnam eyes stronger partnership with Canada in renewable energy development

Giang, Permanent Representative of Vietnam to the United Nations, thanked for the support of Canada – one of the international partners, together with Vietnam, that established the Just Energy Transition Partnership (JETP) and said that Vietnam wants to step up cooperation with Canada in terms of finance, investment, technical assistance and experience sharing, especially in renewable energy development.

He expressed his joy at the effective and comprehensive cooperation between the two nations on the occasion of the 50th founding anniversary of diplomatic ties, and re-affirmed Vietnam’s commitment to cutting emissions to net zero by 2050 as announced at the 26th UN Climate Change Conference (COP26) in the U.K.

Stewart hailed the Vietnamese government’s efforts in coping with climate change and promoting energy transition in recent times.

Canada is keen on promoting a global carbon pricing initiative, and hopes that Vietnam considers participating in the initiative, she said.

The Canadian government’s initiative aims to provide a forum for countries that established carbon markets as well as those interested in the issue to share and learn from the experience of each other and enhance technical support with the goal of pricing 60% of the emitted global carbon volume by 2030, Stewart noted.