In his remarks, Giang highlighted that energy transition plays a crucial role in enabling developing countries to harness innovation and technology, achieve climate goals, and shift towards more sustainable development pathways.
The ambassador held that the UN and UNDP can play a pivotal role in this process through concrete actions and better coordination. He suggested they assist developing countries in accessing sustainable and concessional financing for energy projects without compromising the allocation of resources for other development initiatives. Furthermore, the UNDP should engage in policy planning regarding the extraction of critical minerals for energy transition, taking into account the conditions and concerns of developing countries.
Vietnam is currently a member of the UN Secretary-General's Panel on Critical Energy Transition Minerals, which aims to establish a common, voluntary code of conduct for the extraction and use of these resources. Vietnam is ready to collaborate with the UNDP to help countries manage and sustainably exploit minerals, contributing to the energy transition process, Giang affirmed.
At the event, UNDP Administrator Achim Steiner underscored the importance of switching to clean energy for sustainable development, noting that this process requires coordination at global, regional, and national levels. However, he said that these measures should not impose additional financial and technical burdens on developing countries, which are already facing numerous challenges in achieving their sustainable development goals.
