JETP - EIAS

Navigating the Green Transition: The EU and Vietnam’s Partnership for a Decarbonised Future

In the aftermath of COP28 in Dubai, the début of Vietnam’s Resource Mobilisation Plan (RMP) by its Prime Minister Phạm Minh Chính signifies a notable milestone in advancing the implementation of the Just Energy Transition Partnership (JETP). The timing of the launch also highlights the progress made one year after the collaborative agreement was formed between Vietnam and the International Partners Group (IPG), co-led by the EU and the UK, during the December 2022 EU-ASEAN summit in Brussels.

The EU-ASEAN Energy Dialogue – Practices and implementation

During the EU-ASEAN Commemorative Summit held in Brussels on 14 December 2022, the European Commission and the Members of the Association of Southeast Asian Nations (ASEAN) agreed to launch an Energy Dialogue. Between November and December 2022 Indonesia and Vietnam signed a JETP to fight climate change by reducing the use of fossil fuels and developing renewable energy sources. ASEAN’s green transition with EU cooperation can be very fruitful and a leading example for many other countries.

Contemplating the Climate Struggle at COP27 – Examples from Southeast Asia

From 6-18 November 2022 the ancient city of Egypt, Sharm el-Sheikh, was host to the Conference Of the Parties (COP27) of the United Nations Climate Change Conference (UNFCCC). The four principal goals of this year’s COP included 1) Mitigation – essentially implementing the Glasgow Pact; 2) Adaptation – how to adapt the strategies to stay at the forefront of climate action; 3) Finance – how and by whom should disaster-hit states be compensated; and 4) Collaboration between civil society and governments.

Strengthening the EU-Vietnam Partnership: Financing a Green and Just Energy Transition

Vietnam is one of the fastest growing economies in Southeast Asia, expected to become one of the world’s top 20 leading countries by 2050. The country’s export-oriented economy and efforts to transform Vietnam into a manufacturing hub, make it well-placed to keep on attracting trade and investment from external partners from within and outside the region. Yet, despite its climate ambitions and corresponding engagements, Vietnam is also one of the most vulnerable countries in terms of facing high risk disaster levels. The question is how to finance Vietnam’s green and just energy transition.