A special edition of the Vietnam Investment Review, published at COP29, featured a contribution from Toan Manh Do, ETP’s Vietnam Country Coordinator. In his article, Mr. Do highlighted Vietnam’s Green Cooling Programme and the pivotal role of ETP in driving technological advancements while prioritizing environmental responsibility.

ETP has been actively supporting the Department of Climate Change, Ministry of Natural Resources and Environment to review and utilize international experience in reducing GHG emission and ozone depleting substances in the cooling sector. ETP’s inputs and recommendations were reflected in the recent national plan for elimination and management of ozone depleting substances and the draft national green cooling action plan. 

The first national plan aims to phase out Ozone Depleting Substances and controlled Greenhouse Gases (GHGs). This plan will outline a strategic approach to reducing our reliance on harmful pollutants, aligning with national commitments.
The second plan focuses on developing regulations for environmental criteria governing green credit and green bond issuance projects. This will ensure the legitimacy and environmental integrity of projects receiving green financing, stimulating sustainable investments.

As Vietnam embarks on its journey towards a more sustainable cooling sector, the implementation of the National Green Cooling Action Plan (NGCAP) marks a significant milestone. This initiative strikes a delicate balance between economic growth and environmental protection, showcasing Vietnam’s commitment to a greener, more sustainable future.

To read the full article, please refer to page 296, accessible by clicking on the image below.