Vietnam accelerates implementation of the Paris Agreement

A decade after the Paris Agreement, Vietnam has made key early gains, signaling deeper integration into global efforts on emissions reduction and the carbon market.

On December 11, the French Embassy in Vietnam held a press briefing to mark the 10-year anniversary of the Paris Agreement on climate change and to introduce the key results of the 30th UN Climate Change Conference (COP30), which recently took place in Brazil.

Speaking at the event, French Ambassador to Vietnam Olivier Brochet said the Paris Agreement has demonstrated clear effectiveness after a decade of implementation. Beyond national pledges to curb global warming, the shift toward low-carbon social and economic models is becoming evident. This ecological transition is accelerating and appears irreversible, with investment flows increasingly directed toward low-carbon solutions.

Press conference marking 10 years of the Paris Agreement at the French Embassy. Photo: French Embassy.

Press conference marking 10 years of the Paris Agreement at the French Embassy. Photo: French Embassy.

Brochet noted that France has made strong commitments to cutting greenhouse-gas emissions and has already achieved tangible progress. “By 2024, France’s emissions had fallen by 34 percent compared with 1990 levels. Today, the country accounts for only 0.7 percent of annual global emissions,” he said.

The Ambassador stressed that nothing is predetermined and that Western countries can cooperate with emerging economies to advance major climate objectives. Such cooperation, he added, is compelling evidence of the central role of multilateralism in climate action.

The delegates attend the press conference. Photo: French Embassy.

The delegates attend the press conference. Photo: French Embassy.

According to the Ministry of Agriculture and Environment, Vietnam has attained significant initial achievements after 10 years of implementing the Paris Agreement. The country has gradually entered the global playing field on greenhouse-gas mitigation and carbon-market development, strengthened economic competitiveness and enhanced resilience to climate risks.

Vietnam has also shifted from a reactive approach to a proactive one and remains steadfast in its goal of achieving net-zero emissions by 2050. This progress reflects strong political commitment, broad consensus across the political system, and especially the engagement of the business community.

At the same time, Vietnam is continuing to refine institutions, policies and regulations on climate response to ensure alignment with the Paris Agreement. These efforts aim to establish a coherent legal framework that encourages all economic and social actors, as well as the wider public, to actively participate in climate-response activities.

EU Ambassador to Vietnam Julien Guerrier reaffirmed that the EU remains a constructive and solution-oriented partner for Vietnam, while also being the world’s largest provider of climate finance. During the recent Global Gateway Forum in Brussels, Deputy Prime Minister Bui Thanh Son signed a new EUR 430 million support package with European development finance institutions for the JETP.

In addition, the EU is providing EUR 34 million in non-refundable support through the Water and Natural Resources Management Fund to help Vietnam address climate-related risks.

Hoa Quynh - Le Van
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