Under an agreement, Vietnam will transfer to LEAF/Emergent 5.15 million tons of CO2 in reduced emissions from forests in the south central region and Central Highlands to 2026. The price is at least $10 per ton of CO2.

To minimize the impact of climate change and cut emissions to zero percent, Vietnam will need heavy investment from the state and private sector.

Vietnam will closely manage natural forests, and gradually deal with forest and land degradation by 2025 as set in the freshly-approved national plan on the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use.

Vietnam's favourable natural conditions for renewable energy, as well as the requirements of green standards in the European export markets, drive the country towards green transformation.

Vietnam has introduced a roadmap for the development of the domestic carbon market by 2027, preparing for a Net Zero future as part of the country’s commitments to climate change at the UN Climate Change Conference in Glasgow (COP26).

Vietnam needs financial resources to develop and fulfill its commitments on green development.

Leaders from Vietnam, the UK and the European Union (EU) on December 14 announced a new ambitious Just Energy Transition Partnership (JETP)

The UK would continue to support Vietnam to realise its commitments at COP26 through smart city solutions, Sam Wood, British deputy consul general in HCM City, said on Monday.

US Presidential Envoy for Climate John Kerry, who is paying a visit to Vietnam, spoke to local media about the US’s support to Vietnam during the process of energy transition.

In 2022-2030, Vietnam plans to shift to using electric vehicles for road transport. By 2050, 100 percent of buses and taxis would use electricity and green energy.

If businesses don’t reduce carbon emissions, their exports to the EU will face a new kind of tax, which would make products more expensive, thereby affecting their competitiveness in the market.

The US is a solid, and committed partner to helping Vietnam realise its ambitious COP26 goals, US Ambassador to Vietnam Marc E. Knapper said in an interview with VNA ahead of Prime Minister Pham Chinh’s trip to the US.

The Central Region and Central Highlands of Vietnam are considered the capitals of wind power. Many provinces have exceeded their budget revenue target for the first time thanks to wind power.

Vietnam is known as a factory of the world. But with commitments made at the 2021 United Nations Climate Change Conference, more commonly referred to as COP26, Vietnam must become a "green factory", a green production center of the world.

As one of the few hardest-hit countries by climate change, Vietnam is urged to take drastic measures to curb impacts that will not appear in the distant future.

Vietnam made a commitment to net zero emissions - Net Zero by 2050 - at the 2021 United Nations Climate Change Conference (COP26). This will have a significant impact on the way energy is used in the country.

Coal-fired thermopower plants are concerned as Vinacomin and Dong Bac Corporation lack enough coal for electricity generation.

With its strong commitment to bring greenhouse gas emissions to a net-zero level over the next three decades, Vietnam has begun to receive assistance from the international community in order to materialise this strategy,

Prime Minister Pham Minh Chinh hosted a reception for visiting Executive Vice President of the European Commission (EC) Frans Timmermans in Hanoi on February 18.