Upon exchanging the letters, the Ministry of the Environment, Japan, and the Ministry of Natural Resources, Vietnam have agreed with PaSTI's support on improving monitoring, evaluation, and reporting systems, and facilitating private sector engagements in climate actions. The partnership contributes to the implementation of the Paris Agreement with the “PaSTI”.
Workshop on “International Practices of Green Finance for Facilitating the Private Sector in GHG Reporting and Reduction Efforts in Viet Nam”
Hanoi, Viet Nam/ April 2024
Presentation on PaSTI
A workshop concerning the implementation of a GHG Reporting and Reduction Efforts by Vietnamese companies was held in Hanoi, Vietnam on April 11, 2024.
The first session focused on case studies of GHG MRV system and green finance by Vietnamese enterprises. It began with an introduction to the PaSTI initiative supporting Vietnam's regulatory framework and promoting green finance. Policy trends on carbon neutrality from Vietnam's Ministry of Finance and examples of green finance initiatives in Thailand by a financial expert from Thailand were shared.
Following sessions included presentations on initiatives by Vietnamese and Japanese financial institutions, as well as sustainable funding support by Japan's Ministry of the Environment and its role.
Discussions highlighted the importance of generating a collaborative effort between government and private sectors to foster the movement for green finance.
Activities in The Viet Nam has been published.
July 2023
The "2nd Vietnam-Japan Joint Cooperation Plan toward Carbon Neutrality by 2050, " held on March 27, 2023, saw the formulation of a work plan by the PaSTI Secretariat, following a proposal from the Director of the Climate Change Department at the Ministry of Natural Resources and Environment (MONRE) of Vietnam.
A workshop was conducted on May 16 for discussions between the Ministry of the Environment, Japan and MONRE, Vietnam, with the work plan agreement finalized on July 28, solidifying the action items.
Specific initiatives included surveys on waste composition guidelines in the waste sector to facilitate the calculation and reporting of greenhouse gas emissions at the facility level in the private sector, support for methodology development in the waste sector for the port sector and construction sector/large facilities, and technical support for the development of methodology for calculating greenhouse gas emissions in the construction sector.
Information on Green Finance in Viet Nam has been published.
Publication/2023
Information on Green Finance in Viet Nam has been published.
Task 1
UPDATING INFORMATION ON GREEN FINANCE IN LINE WITH PRIVATE SECTOR‘S TRANSPARENCY AND CLIMATE ACTION
Task 2
RESEARCH ON PROGRESS MONITORING OF NDC FOR CONSTRUCTION SECTOR MEASURES
The PaSTI-Viet Nam Online Training Course was held.
Hanoi, Viet Nam and Tokyo, Japan / March 2021
Photo of the training cours
On March 3rd, 2021, the first PaSTI-Viet Nam online training course “Demonstration of carbon reporting in the building sector in Viet Nam” was successfully completed jointly by the Ministry of Natural Resources and Environment (MONRE) and the Ministry of the Environment, Japan (MOEJ). Under the environmental protection law revised in 2020, reporting of energy consumption and GHG emissions by business sector will be mandated in order to achieve the greenhouse gas reduction target set by the national plan called “Nationally Determined Contribution (NDC)” . Energy-saving diagnosis, which is enabled through data collection activities, is expected to play a key role to achieve the GHG reduction target in Viet Nam, while it would also be useful for reducing the energy costs for the private sector and energy demand at the national level. The reporting system for the energy usage, which seeks measurements of similar data sets for the energy-saving diagnosis is already institutionalized in Ho Chi Minh City. The following contents were prepared for the half-day online training course in order to support Viet Nam's both national and city level initiatives.
- Introduction of the schedule for the legalization and the contents of the decree and other relevant legal documents under the Revised Environmental Protection Law
- Presentation on the experience of the GHG reporting system and energy audit for the private sector in Japan
- Knowledge sharing on energy consumptions in the past several years and their efforts on energy savings by the participants from hotel and shopping mall industries
- Demonstration of the energy-saving diagnosis by the Japanese experts
- Information on the development of GHG reporting system in the City based on the existing reporting system for the energy usage.
About 70 individuals of the relevant private sector in the City, administration offices at the City and at the national levels, and research institutes participated in this online training course.
The first Political Dialogue was held in Hanoi, Viet Nam
Hanoi, Viet Nam / October 2019
Participants in the Policy Dialogue
Fifth to the left: Minister Okabe Daisuke (Japan)
In the middle: Dr. Tang The Cuong (Viet Nam)
On October 11th of 2019, the representatives of the Ministry of Environment, Japan (MOEJ) and the representatives of the Ministry of Natural Resources and Environment, Viet Nam (MONRE) met for the first Political Dialogue to kick-off the PaSTI project in Viet Nam, following the exchange of letters.
The political dialogue started with the Opening Remarks from Minister Okabe Daisuke of the Embassy of Japan, Viet Nam, and Dr. Tang The Cuong, the Director General of the Department of Climate Change (DCC), MONRE.
With both parties recognizing the importance of transparency in the climate change policies, they have confirmed to cooperate together in the PaSTI Project.
In the following information exchange session, the both parties discussed the work plan in details, and information on current MRV status of Viet Nam was shared.
