SEOUL, Feb 13 (Bernama): South Korea's state overseas aid agency has announced that it plans to inject at least US$6.4 million into Vietnam's efforts to enhance industrial energy efficiency and promote environmentally friendly growth until 2025, Yonhap News Agency reported.
The funds will be used to examine about 20 energy-intensive businesses in Vietnam to check their energy efficiency and improve their operations, and help 10 Vietnamese provinces map out their plans for green growth, the Korea International Cooperation Agency (KOICA) said.
Earlier this month, the KOICA and the Vietnamese government signed an arrangement on their cooperation in promoting energy efficiency in Vietnam's industrial sector and supporting its national green growth action plan.
"Green growth is necessary for the sustainable development of Vietnam, whose economy has been growing at a fast pace," Cho Han-Deog, KOICA country director in Vietnam, said. "We will actively participate in efforts by Vietnam to respond to climate change."
The aid agency said its support programme for Vietnam will help contribute to achieving Sustainable Development Goal (SDG) 7, which is to ensure access to affordable, reliable, sustainable and modern energy for all.
The United Nations' SDGs are aimed at ending poverty, fighting inequality and injustice, and tackling climate change. - Bernama
The funds will be used to examine about 20 energy-intensive businesses in Vietnam to check their energy efficiency and improve their operations, and help 10 Vietnamese provinces map out their plans for green growth, the Korea International Cooperation Agency (KOICA) said.
Earlier this month, the KOICA and the Vietnamese government signed an arrangement on their cooperation in promoting energy efficiency in Vietnam's industrial sector and supporting its national green growth action plan.
"Green growth is necessary for the sustainable development of Vietnam, whose economy has been growing at a fast pace," Cho Han-Deog, KOICA country director in Vietnam, said. "We will actively participate in efforts by Vietnam to respond to climate change."
The aid agency said its support programme for Vietnam will help contribute to achieving Sustainable Development Goal (SDG) 7, which is to ensure access to affordable, reliable, sustainable and modern energy for all.
The United Nations' SDGs are aimed at ending poverty, fighting inequality and injustice, and tackling climate change. - Bernama
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