World Bank highly rates Vietnam’s climate projects | Environment

Minister of Natural Resources and Environment Tran Hong Ha (second from right) speaks at the event. (Photo: VNA)

Cairo (VNA) – A Vietnamese delegation led by Minister of Natural Resources and Environment Tran Hong Ha attended an event on reducing greenhouse gas emissions in response to climate change organized by the World Bank Group (GBM) on November 8.

The event was organized on the sidelines of the 27th United Nations Conference of the Parties on Climate Change (COP27) in Sharm el-Sheikh, Egypt.

Speaking at the event, Ha outlined Vietnam’s projects, solutions and roadmaps to meet climate change commitments with the World Bank.
He praised WB initiatives as the world accelerates the digital transformation treat.

The World Bank has helped Vietnam reduce poverty, develop and transform green, digital and energy energies. Vietnam has made necessary changes to connect and unite with countries in the process of implementing World Bank-funded projects, he said.

The minister suggested the lender to continue to help countries access funds and issue a priority strategy for the next period.

Hailing the World Bank’s cooperation models in technical assistance programs and projects, he said Vietnam wants the World Bank to play an important role in energy transformation and continue to effectively use change-related financial resources. climatic.

World Bank President David Malpass said Vietnam’s projects have proven successful. The relationship between WB and Vietnam in transformation projects is a model for other countries.

The World Bank will continue its partnership with Vietnam, especially in the response to climate change, he said.

Malpass also took the opportunity to call on sponsors, the international community and the business community to set up climate-related trust funds.

Countries must step up their efforts to counter the fallout from climate change and accelerate projects to reduce greenhouse gas emissions, he said./.



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