reporter
Koji Fukuda
JICA
Long-term expert (Chief Advisor)
summary
Date: December 6, 2023
Organizer: Vietnam Ministry of Natural Resources and Environment (MONRE)
Japan International Cooperation Agency (JICA)
Name of Venue (Pavilion Name)：Vietnam Pavilion
speaker
Nguyen Tuan Quang
Ministry of Natural Resources and Environment, Vietnam
Deputy Director, Department of Climate Change
Luong Kwang Hui
Ministry of Natural Resources and Environment, Vietnam
Director, Mitigation Division, Department of Climate Change
Koji Fukuda
JICA
Long-term expert (Chief Advisor)
Boonrod Yaopruek.
Creagy.
managing director
Shigeo Kato
Climate Change Initiative (JCI)
co-chairman
Tim Evans
HSBC Vietnam
Chief Executive Officer (CEO)
de Ngoc Quynh
Sovico Group
Executive Vice President
Nguyen Tuan Quan Chi Thi Phong
Maritime Bank (MSB)
executive vice-president
Background and Objectives
Since the achievement of NDC and Net Zero Long-Term Targets cannot be achieved without the collaboration and contribution of non-state actors, especially the private sector, this dialogue will learn about the public-private partnerships needed to promote decarbonization from the Thai-Japanese private sector partnership platform movement, The dialogue also aimed to discuss how public-private partnerships for decarbonization in Vietnam could be developed among policy makers, financial institutions, and investment groups.
Contents
The dialogue, moderated by the SPI-NDC Chief Advisor, consisted of learning from country experiences of private partnership platforms for decarbonization and a dialogue with financial institutions and major developers on decarbonization investment and transition finance.
From Thailand, the Thai Carbon Neutral Network (TCNN), which consists of pioneering companies that have supported decarbonization since Glasgow, and from Japan, the Japan Climate Initiative (JCI), which consists of non-state actors including private companies, were introduced, showing that both cases are contributing to The presentation showed that all cases have contributed to policy recommendations to the government, business collaboration, and sharing and mutual learning of relevant information.
In the subsequent dialogue with financial institutions and developers, the speakers shared the need to develop measures to meet the risk appetite of decarbonization investments and loans, as well as the establishment of internal ESG committees and green credit schemes by financial institutions. The need for common rulemaking in screening and the need to communicate the significance of decarbonization measures and management to SMEs, in particular, were also discussed.
Panel Discussion
Group photo of the speakers
© Source JICA