HANOI: At the 26th UN Climate Change Conference (COP26) in 2021, Prime Minister Pham Minh Chinh made a strong commitment that Vietnam will achieve carbon neutrality by 2050, setting the country ahead of many others in the journey against climate change.
Countries such as Brazil, India, Thailand, Indonesia, China and Russia have not yet made a net-zero commitment for 2050.
This is also a huge challenge for Vietnam, as it is among the top 20 carbon-emitting countries in the world, accountable for 1% of global emissions.
In the last few years, although policies from the government and local authorities have focused on reducing carbon emissions, the task remains a major challenge for businesses in many industries.
A government decree from 2022 stipulates the mitigation of greenhouse gas emissions and the protection of the ozone layer.
Another government ruling issued this year specified a list of sectors and facilities that must report greenhouse gas emissions and conduct emissions inventories.
According to the decision, a total of 2,166 businesses are required to report greenhouse gas emissions by March 2025 and develop plans to reduce emissions.
However, according to Nguyen Dinh Tho, director of the Institute of Strategy and Policy on Natural Resources and Environment under the Natural Resources and Environment Ministry, only about 10% of them are ready to report. — Viet Nam News/ANN
