Climate Protection through Sustainable Bioenergy Markets in Viet Nam

Vietnam’s economy is booming to such an extent that the country’s electricity consumption is expected to triple by 2030. The government is consequently expanding the use of biomass waste for electricity and heat generation to achieve the greenhouse gas reduction targets planned in Vietnam’s nationally-determined contributions (NDCs). The project supports the development of a sustainable market in this area, advising consultants, project developers and investors on how to draw up feasibility studies, and providing the authorities with an instrument for the approval of biomass energy projects. It teaches staff from financial institutions how to examine and evaluate applications and develops a financing mechanism to favour suitable investments. The project initiates technology partnerships between national and international companies and research and development institutions to develop locally adapted solutions.

Project data

Countries
Viet Nam
IKI funding
4,000,000.00 €
Duration
04/2019 till 03/2023
Status
open
Implementing organisation
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Political Partner
  • Ministry of Industry and Trade (MOIT) - Viet Nam
Implementing Partner
  • Ministry of Industry and Trade (MOIT) - Viet Nam

State of implementation/results

  • Under the Paris Agreement, all global brands in collaboration with BEM have committed to reduce their greenhouse gas emissions. In particular, the brand Decathlon, of whose many suppliers operate in Viet Nam, has set an ambitious target to use 100% biomass for industrial heat and/or power by 2030. DEM will advise and provide technical support to the player in this project.
  • The project has conducted several workshops, online events and help desks, including:
    • A virtual policy dialogue for ministries, provincial administrations, project developers, investors, financial institutions, universities and consultancies
    • A webinar series and virtual seminar for financial institutions with a focus on the financeability of bioenergy projects
    • A consultation workshop for the Environmental and Social Impact Assessment (ESIA) study
    • A policy dialogue in conjunction with a training workshop for government agencies and financial institutions at national and provincial levels

Latest Update:
12/2022

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