Addressing at the project inception workshop, Mr. Norio Saito, Deputy Director of the Asian Development Bank in Vietnam said the National Investment Plan using the Clean Technology Fund (CTF) was developed by the Asian Development Bank (ADB); The International Finance Agency (IFC) and the World Bank and the Government of Vietnam jointly prepared in 2009 identified the energy and transport sectors as priority sectors for promoting investment opportunities in low carbon emission technology in Vietnam.
Therefore, this project is funded by the Asian Development Bank (ADB) with the support of the Department of Climate Change - Ministry of Natural Resources and Environment with the aim of strengthening the capacity of the Ministry of Natural Resources and Environment and Other relevant government agencies in assessing climate change mitigation actions by developing and completing systems of measurement, reporting and verification (MRV). In addition, the project also supports the development of sector-specific guidelines (energy and transport) on how to implement MRV activities, and improve institutional and technical capacities of coordinating agencies.
On the Ministry of Natural Resources and Environment, Mr. Tang The Cuong, Director General of the Department of Climate Change said that the Ministry of Natural Resources and Environment is the focal point for implementing programs and projects within the framework of the National Investment Plan. The country is responsible for annually reporting on the progress and effectiveness of investment in greenhouse gas emission mitigation measures for the Clean Technology Fund Commission to evaluate and make measures to improve the operation of the projects using Clean Technology Fund.
Mr. Tang The Cuong, Director General of the Department of Climate Change addressed at the workshop
The project includes three outputs, including: (i) the development and strengthening of MRVs for CTF projects, (ii) the establishment of transport and energy sector mitigation guidelines, and (iii) the enhancement and coordination of agencies’ capacity in climate change mitigation.
At the workshop, in order to implement the expected results of the project, the delegates focused on contributing ideas to the following contents: (i) National designing, monitoring, reporting and appraising; the need to set up a system for monitoring, reporting and appraising the energy and transportation sectors for agencies to collect comments and amendments to complete the monitoring, reporting and appraisal framework as required by the Agreement Paris agreement on climate change; (ii) Report the results of consultation, supervision, reporting and appraisal of transport and energy projects funded by the Clean Technology Fund (CTF); methodology and approach to project implementation as a basis for the consultant team to acquire, modify, complete the report and continue to implement the project activities in accordance with the approved plan; (iii) Propose necessary support and cooperation from related parties to implement the project to ensure quality and schedule. With the presence of senior policy makers, industry leaders and development partners from across Vietnam, the Project Kick-off Workshop discussed the results of the first consultation round to implement and update activities as well as project implementation plans.