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GIZ and GGGI cooperate for bio-energy development in Vietnam

GIZ and GGGI cooperate for bio-energy development in Vietnam - 

Hanoi – September 14, 2016 – The German Federal Enterprise for International Cooperation (GIZ) in Vietnam and the Global Green Growth Institute (GGGI) signed a Letter of Intent (LOI) to pursue cooperation for sustainable bio-energy development in Viet Nam.

The LOI was signed by Ingmar Stelter, Director of MOIT/GIZ Energy Support Program, and Adam Ward, GGGI’s Country Representative in Viet Nam, and formalized mutual collaboration and cooperation in the following areas:

  • Development of biomass waste-to-energy provincial planning

  • Development of pre-feasibility studies for bagasse cogeneration thermal projects of sugar mills

  • Assisting potential bio-energy projects to access financing sources

  • Green growth capacity development activities with a focus on energy

  • Knowledge and experience sharing on policy, institutional frameworks and green growth strategy

This cooperation has an important role in the process of Vietnam turning to green growth. Photo: GIZ

This cooperation agreement falls under the framework of a Memorandum of Understanding signed in 2011 in which GIZ and GGGI committed to establish an active cooperation in combating global climate change and promoting green growth and sustainable development in developing countries.

At the signing ceremony, Mr. Adam Ward shared “ The GIZ - GGGI cooperation will speed up energy production from biomass waste, decreasing emission from energy sector, the largest current and future emitting sector. This work will be crucial in Viet Nam’s transition to green growth and achievement of their Nationally Determined Contribution in reducing greenhouse gas emission”.

Viet Nam has enjoyed rapid economic growth over the past twenty years, bringing about social improvements, but also raising new challenges. Therefore, in 2012 the Government adopted the ambitious Viet Nam National Green Growth Strategy (VNGGS) with a focus on reducing energy consumption and greenhouse gas emissions of the country’s economy and switching to alternative energy.

The GIZ – GGGI cooperation through LOI intends to assist the Government of Viet Nam in reaching its biomass energy targets.

Exploiting bio-energy potential will not only assist Vietnam to reduce the dependence on the traditional energy sources, carbon emission and environmental pollution, but also bring economic benefits for the farmers contributing in biomass energy development.

Since 2008, GIZ has been working with the Ministry of Industry and Trade (MOIT) in Viet Nam to increase the utilization of renewable sources for electricity production and improve energy efficiency via three major action areas i) development and improvement of the regulatory framework to support the achievement of the strategic energy development targets ii) provision of capacity development to key stakeholders to facilitate renewable energy development iii) foster technology transfer between German and Vietnamese companies.

The activities of GIZ agree with the priorities of GGGI to assist developing countries transiting to a green growth development. The green growth development will support a comprehensive, sustainable economic development, and a poverty reduction.

The GIZ - GGGI cooperation is expected to promote the knowledge and experience sharing process between the two organizations, and at the same time, strengthen the quality of collaboration activities with MOIT.

GGGI having the head office in Korea is an International Organization founded to support and speed up the green growth development. GGGI cooperates with many countries in the world for capacity building, supporting improvement of green growth policy influencing the lives of million of the people.

VietnamEnergy.vn

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