Green energy, green hydrogen is the solution to climate change response

On October 25, local time, in Brussels (Kingdom of Belgium), Deputy Prime Minister Tran Hong Ha led a Vietnamese delegation to attend the opening ceremony of the Global Gateway Forum organized by the European Union (EU) from October 25-26.

Deputy Prime Minister Tran Hong Ha assessed that the EU's Global Gateway Strategy has entered the practical implementation phase, proposing many specific and technical measures.

Speaking at the high-level dialogue on green energy transition and green hydrogen, Deputy Prime Minister Tran Hong Ha assessed that the EU's Global Gateway Strategy has entered the practical implementation phase, proposing many specific and technical measures.

The Deputy Prime Minister stated that the COVID-19 pandemic and climate change are urgent global issues stemming from the current development model. Similar to COVID-19, overcoming the challenges of climate change will require joint efforts from countries, through sharing resources and experiences, and supporting the reduction of development gaps because no country is safe if another country is not safe.

"If vaccines are the solution to the pandemic, then green energy and green hydrogen are the solutions to respond to climate change," the Deputy Prime Minister affirmed.

Vietnam is ready to cooperate with other countries to act together for sustainable development goals by sharing its potentials and strengths.

As one of four countries that have established a partnership for equitable energy transition with developed countries, Vietnam is ready to cooperate with other countries to act together for sustainable development goals by sharing its potentials and strengths.

At the same time, the Deputy Prime Minister also suggested that developed countries and the private sector increase the provision of technology, green financial resources, support human resource training, and management experience so that the whole world can achieve the goal of zero net greenhouse gas emissions by 2050.

During the discussion session, delegates shared and appreciated Deputy Prime Minister Tran Hong Ha's viewpoint that a fair energy transition requires support from developed countries to developing countries and that government finance needs to guide and lead private finance.

Delegates shared and appreciated Deputy Prime Minister Tran Hong Ha's viewpoint on the approach and implementation of the equitable energy transition process.

This year's forum was attended by 500 delegates, including 25 presidents and heads of government, many government leaders and ministers of countries, leaders of the United Nations, the World Bank, the World Health Organization, the World Trade Organization and many leaders of businesses, investment funds, and socio-political organizations.

With the theme "Stronger Together through Sustainable Investment", the Forum aims to enhance coordination among countries, international organizations and the private sector in unifying directions and mobilizing resources, increasing investment in high-quality infrastructure, human resource development, and health systems for sustainable development goals.

On the sidelines of the high-level dialogue on green energy transition and green hydrogen, Deputy Prime Minister Tran Hong Ha met and discussed with President of the European Investment Bank (EIB) Werner Hoyer about measures to quickly implement the contents of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the EIB on financial support for the goals of implementing the Declaration on the establishment of the Just Energy Transition Partnership (JETP).

Deputy Prime Minister Tran Hong Ha met and worked with President of the European Commission (EC) Ursula von der Leyen.

Signing of Memorandum of Understanding between the Ministry of Finance of Vietnam and the European Investment Bank

Previously, Deputy Prime Minister Tran Hong Ha met and worked with President of the European Commission (EC) Ursula von der Leyen. At the meeting, Deputy Prime Minister Tran Hong Ha affirmed that Vietnam attaches importance to the comprehensive partnership and cooperation between Vietnam and the EU, and highly appreciates the EU's new strategies and initiatives on enhancing cooperation with the Asia-Pacific region.

Along with that, we hope that the EU and its member countries will increase support for Vietnam in terms of finance, technology, and human resource training to respond to climate change and energy transition; EU member countries will soon ratify the EVIPA Agreement, fully implement the EVFTA Agreement to promote trade and investment between the two sides; and request the EC to consider soon removing the IUU "yellow card" for Vietnam's seafood exports to contribute to the goal of recovery and sustainable development.

Ms. Ursula von der Leyen emphasized that Vietnam is an excellent example of cooperation with the EU, thanked Vietnam for its efforts in implementing the EC's recommendations on IUU, and hoped that this issue would be resolved soon. In implementing the Global Gateway Strategy, the EC President affirmed that she will continue to prioritize cooperation in the fields of renewable energy, digital transformation, and green growth with Vietnam.

Deputy Prime Minister Tran Hong Ha and EC President Ursula von der Leyen witnessed the signing ceremony of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the European Investment Bank.

The two sides agreed that the signing of the Memorandum of Understanding between the Ministry of Finance of Vietnam and the European Investment Bank today will create a foundation and favorable conditions for the two sides to promote cooperation to effectively respond to global issues. The two sides also agreed that the participation of private enterprises and private capital is very important in realizing JETP.

Immediately after the meeting, Deputy Prime Minister Tran Hong Ha and EC President Ursula von der Leyen witnessed the signing ceremony of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the European Investment Bank on financial support worth 500 million euros to contribute to the goals of implementing the Declaration establishing the JETP relationship.

Source: https://www.congluan.vn/nang-luong-xanh-hydro-xanh-chinh-la-giai-phap-cho-ung-pho-voi-bien-doi-khi-hau-post270035.html