(Photo: vir.com.vn)Hosted by the Vietnam Investment Review (VIR) in collaborationwith the United Nations Development Programme (UNDP) in Vietnam, it delved into thebroader context of development funding, the role of local and internationalfinance, lessons learned from international experience, and domestic policyideas that promote a fair energy transition.
VIR Editor-in-Chief Le Trong Minh said he hoped the roundtable willact as an important catalyst for domestic and international delegates toexchange, share, and contribute ideas to promote the search for an optimal resourcemobilisation model for Vietnam and developing countries serving just energy transition and the overarching goal of green growth and climate changeresponse.
UNDP Resident Representative in Vietnam Caitlin Wiesen said this is thefirst event in a series of seminars and roundtables that UNDP is expected to holdin collaboration with the Vietnamese Government, relevant agencies and organisationsin a bid to clarify the appropriate policy options that the country needs toimplement to attract financial resources for the transition to a net zeroemission future.
UN Assistant Secretary-General and UNDP Regional Directorfor Asia-Pacific Kanni Wignaraja delivered a presentation on financingVietnam's transition to renewables.
She suggested the Government of Vietnam build necessaryinfrastructure, create a favourable legal environment, fund the building ofsmart electricity grids.
Vietnam needs to build a carbon tax system, and issueinvestment bonds for renewable energy and a carbon emission credit tradingmechanism, the official noted./.
VNA
