Viet Nam net-zero commitment - Opportunities, challenges and solutions

Abstract

Net-zero is an environmental goal that aims to reduce emissions of greenhouse gases (GHGs) such as CO_2, CH₄,, N₂O in balance with the earth’s ability to absorb or remove emissions, to the point where total net gas emissions are reduced to “zero”, contributing to minimizing the impact of climate change according to the Paris Agreement, with the hope of keeping global temperature increase below 2°C and efforts to limit warming to below 1.5°C above pre-industrial levels. To achieve this goal, it is required to reduce emissions from sources such as transportation, industrial production, and electricity; enhance carbon absorption through new afforestation, forest conservation, carbon capture and storage technology. Therefore, the Government and businesses as well as every Vietnamese citizen need to join hands to take useful actions to reduce emissions, and  actively support solutions to enhance the ability to absorb carbon, creating a low-emission and more sustainable economy.