The Ministry of Transport (MoT) and the German Government have inaugurated a project aiming to reduce Greenhouse Gases (GHG) emissions in the transport sector and contribute to the implementation of Vietnam’s Nationally Determined Contribution (NDC) within the framework of the Paris Agreement. More specifically, it will assist in establishing a legal framework on low-carbon transport, promoting stakeholder’s capacity, and reducing GHG emissions.
The project is funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) under the International Climate Initiative (IKI), amounts to EUR 4,000,000 in non-refundable ODA and Vietnam contributes EUR 400,000 provided by the MoT. The funding period is until the end of 2023.
The project is conducted by the German International Cooperation (GIZ) in cooperation with the Department of the Environment under the MoT, the International Council on Clean Transportation (ICCT), and the World Resources Institute (WRI).
Source & further information: “Project launched to reduce greenhouse gas emissions in transport sector” at https://vietnamnews.vn, accessed on 16 Mar 2021