IKI BRIDGES VIET NAM AND SOUTH KOREA ON BIOENERGY DEVELOPMENT
As a part of the IKI bioenergy project Vietnamese partners have visited South Korea to have international exchanges on bioenergy development and energy transition.
During 13-17 March, the Vietnamese delegation including agencies of national and provincial governments, research and financial institutions and the national media had meetings with Korean leading experts of relevant ministries and institutions, such as Korea’s Ministry of Science and ICT (MSIT), National Institute of Forest Science, Forest Biomass Energy Association, and the Department of Green Transformation of the Ministry of Environment. The visitors also met bioenergy investors and had site visits to biogas and biomass power plants.
In his opening remark, Mr. Nathan Moore, Director of the BEM bioenergy project, said, ‘We stand at historic moment, when the world has united in its efforts to limit the worst impacts of climate change. This will take serious, concerted, and sustained action from all of us – and happily the governments of South Korea and Viet Nam have each expressed the bold and necessary ambition to reach carbon neutrality by the year 2050.’
‘This study trip provides an important and timely opportunity for sharing experiences and lessons learned, and for exploring the options for appropriate technologies and supportive frameworks to stimulate and sustain bioenergy project development towards the green energy future in both Viet Nam and Korea,’ he added.
The Government of Viet Nam has increased efforts in recent years to introduce various supporting policies for the promotion of renewable energy, including bioenergy. Bioenergy development, for both heat and power generation, will help the country reduce large amounts of methane and CO2 emissions and add clean electricity to the grid. Therefore, further strategic investment is required to increase bioenergy generation capacities in the nation.
Through IKI, the German Federal Ministry for Economic Affairs and Climate Action funds the ‘Climate Protection through Sustainable Bioenergy Markets in Viet Nam” (BEM) project. GIZ and the Electricity and Renewable Energy Authority of Viet Nam’s Ministry of Industry and Trade are jointly implementing the project from April 2019 to September 2023.