News facts
The Business forum, which took place on the 12th of January in Hanoi, brought together the business sector and other stakeholders in Vietnam in order to raise awareness of the business sector’s role in the national green growth plan and GHG emission reduction. The forum also aimed to promote current technology transfer mechanisms, including the Climate Technology Center and Network (CTCN) under the UNFCCC, to the business sector.
Forum was organized by Ministry of Natural Resources abd Environment of Vietnam in partnership with Institute of Global Environmental Strategy (IGES), CTCN coordinator in the Asia-Pacific Ms. Parimita Mohanty presented the updated information on the CTCN, its goals, visions and mandates as well as the process to respond to technology development and transfer requests by developing countries. The participants discussed COP21 outcomes, Vietnam green growth strategy, Technology development and transfer in Vietnam, low-carbon technology transfer mechanisms in Vietnam.
Vietnam has submitted its Intended Nationally Determined Contributions (INDC) to the UNFCCC in which Vietnam determined to cut GHG emissions by 8 percent below the business-as-usual scenario by 2030, and 25 percent with international support. In order to achieve the GHG emission reduction goals in the INDC and accelerate green growth and sustainable development in Vietnam, the Government has highlighted the vital role of the business sector.