UNDP discusses measures to reduce greenhouse gas emissions to zero
On March 28, the United Nations Development Programme (UNDP) in Vietnam organized a technical meeting dedicated to devising a roadmap for transitioning from coal-fired power generation to sustainable alternatives.
The primary objective of the meeting was to disseminate the latest information regarding policies and technologies pertinent to the transition process, encompassing discussions on optimal techniques, costs, benefits, and potential impacts associated with the shift. Additionally, participants deliberated on options for decommissioning, repurposing, and transforming various types of coal-fired power plants.
The gathering served as a platform for fostering connections between current and prospective investors in the energy sector, alongside financial institutions, to explore potential investment opportunities within the transition framework.
Attended by key stakeholders from diverse sectors, including Vietnamese government agencies, members of the International Partners Group (IPG), the Glasgow Financial Alliance for Net Zero (GFANZ), coal-fired power plants, financial institutions, banks, investors, development partners, and non-governmental organizations, the event centered discussions around the outcomes of a comprehensive case study outlining a viable transition roadmap for Vietnam’s major coal-fired power plants, notably Pha Lai, Cao Ngan, and Van Phong plants.
Ramla Khalidi, the UNDP Resident Representative in Vietnam, underscored the imperative of ensuring a fair and comprehensive transition process, emphasizing the need for coordinated efforts among stakeholders to mitigate challenges, particularly those faced by workers directly or indirectly involved in coal exploitation in remote and mountainous areas.
