Deputy Prime Minister Tran Hong Ha (R) attends closing session of the Summit for a New Global Financing Pact (Photo: VNA)With over 100 discussions, the two-day summit attracted theparticipation of State and government leaders of 40 countries, and leadingofficials of many international organisations and financial institutions suchas the United Nations, the World Bank, and the International Monetary Fund, aswell as business executives and leaders of socio-political organisations.
The summit showed the international community’s deep concernover global challenges and the joint efforts of countries and internationalorganisations in solving such problems as poverty and climate change to ensuresustainable development goals.
Developed countries have made several specific commitmentson financial support for developing countries including allocating 100 billion specialdrawing rights (SDRs) to vulnerable countries; striving for a target of mobilising100 billion USD for climate finance, and promoting the enhancement of thelending capacity of multilateral banks by 200 billion USD in the next 10 years.
The summit also approved a number of important documentssuch as the Paris Consensus for the People and the Planet, the vision statementof the multilateral development banks, the minute of the summit outcomes and aroadmap for the implementation of the commitments.
Deputy Prime Minister Tran Hong Ha receives US Special Presidential Envoy for Climate John Kerry. (Photo: VNA)Ha affirmed his desire to continue developing thecomprehensive partnership, emphasising that the two countries still have greatpotential for cooperation. He also welcomed US partners to cooperate in thefields of renewable energy and smart power transmission in Vietnam.
John Kerry appreciated the Vietnamese Government’s commitment to and efforts in renewable energy development, and showed his hope that Vietnamwill make many strides in this field to become an international model at the28th UN Climate Change Conference (COP28). He affirmed his coordination tomobilise resources from the US’s public and private sectors to assist Vietnamin potential areas of cooperation, especially in energy transition./.
VNA
