UPDATED NATIONALLY DETERMINED CONTRIBUTION (NDC) IN 2022: REALIZING VIETNAM’S COMMITMENT TO ACHIEVING NET-ZERO GHG EMISSIONS BY 2050
On 9 November 2022, the official website of the United Nations Framework Convention on Climate Change (UNFCCC) recognized Vietnam’s submission of the updated Nationally Determined Contribution (NDC 2022).
The contribution to GHG emission reduction in NDC 2022 has significantly increased compared to that in NDC 2020 with respect to both emission reduction quantity and emission reduction rate, compared to BAU. In detail, the unconditional contribution increased from 9% to 15.8% (an increase in emission reduction targets of 6.8%, equivalent to an additional reduction amount of 62.4 Mt CO2eq). The conditional contribution increased from 27% to 43.5% (an increase in emission reduction targets of 16.5%, equivalent to an additional reduction amount of 153.0 Mt CO2eq).
Updates and adjustments to policy actions and measures targeting GHG emission reduction and climate change adaptation in the updated NDC 2022 have been made in line with Viet Nam’s climate statement at COP26 and towards long-term goals identified in Viet Nam’s National Climate Change Strategy to 2050.
Implementing the NDC 2022 requires significant financial, technological, and human resources. Together with international partners, the IKI has been supporting the Government of Vietnam to review, update and implement the NDC in line with its net-zero commitment by 2050 and other requirements of the Paris Agreement under the IKI Interface project “Support to Vietnam for the Implementation of the Paris Agreement” as well as other IKI projects.
For detailed information on Vietnam’s NDC visit: Vietnam NDC 2022 | UNFCCC.