Vietnam calls for full implementation of climate finance commitments

A diplomat of Vietnam underlined the importance of ensuring equality and justice in climate change response, with climate finance commitments being fully implemented on the basis of common but differentiated responsibility.
Vietnam calls for full implementation of climate finance commitments ảnh 1Vietnam is striving to mitigate climate change impacts and achieve net zero emissions by 2050. (Illustrative image: VNA)
Hanoi (VNA) – A diplomat of Vietnam underlined the importance of ensuringequality and justice in climate change response, with climate financecommitments being fully implemented on the basis of common but differentiatedresponsibility.

Le ThiMinh Thoa, Deputy Permanent Representative of Vietnam to the United Nations, laidthe emphasis while attending an Arria-formula meeting held by the UN SecurityCouncil (UNSC) on March 9 to discuss climate finance for sustaining peace andsecurity.

She sharedother countries’ concern over climate change challenges that have rendered tens ofmillions of people homeless and worsened transboundary security challenges,especially in conflict-hit regions.

The diplomat pointedout the need to fully consider the demand and priorities of developingcountries, particularly those affected by conflicts, appealing for strongerpartnership and coordination in the entire UN system to solve climate change issues.

Thoa also voiced Vietnam’s support for the UNSC to continue discussion climatesecurity and the role of climate finance in conflict prevention, peacekeeping,humanitarian aid, and post-conflict reconstruction.

As oneof the countries most vulnerable to climate change, Vietnam has been exertingefforts to minimise adverse impacts of this global phenomenon and achieve netzero emissions by 2050, the diplomat stressed, adding that it pledges to continuejoining international efforts and promote partnership and climate finance forclimate change response.

At the meeting,participants looked into the outcomes of and challenges to the implementationof climate finance commitments so as to help with conflict prevention, stabilitymaintenance, and peacebuilding. They held that the climate finance mobilised sofar has still fallen short of target while the international community’s aidfor peacebuilding and climate risk management remains modest.

Most ofthem supported the UNSC to approach and solve the security aspect of this issuein a comprehensive manner, with climate finance taken into account. Some urgedthe UNSC to soon reach consensus to adopt a resolution in response to securitychallenges caused by climate change impacts.

An Arria-formulameeting is an unofficial meeting of the UNSC to consider important and emergingissues, with the participation of UNSC and non-UNSC members, internationalorganisations, and persons working in relevant areas./.
VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.