Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)

Vietnam has made remarkable economic progress over the past 30 years; however, growth was supported by increasing reliance on coal-based energy. The energy sector would continue the expansion of coal-based energy with the significant increase in the installed capacity of coal power plants under prev...

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Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2022
Subjects:	DECARBONIZATION ENERGY SECTOR LOW-CARBON INFRASTRUCTURE GREENHOUSE GAS EMISSION RENEWABLE ENERGY ENERGY EFFICIENCY SOLAR POWER WIND POWER CO2 EMISSIONS FINANCING PUBLIC SECTOR INVESTMENTS CLEAN ENERGY TRANSITION
Online Access:	http://documents.worldbank.org/curated/en/099516309052222817/IDU0c4a1d5c2054b004e670a7f3085330ecd829b http://hdl.handle.net/10986/37966

id	okr-10986-37966
recordtype	oai_dc
spelling	okr-10986-379662022-09-13T15:54:10Z Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR) World Bank DECARBONIZATION ENERGY SECTOR LOW-CARBON INFRASTRUCTURE GREENHOUSE GAS EMISSION RENEWABLE ENERGY ENERGY EFFICIENCY SOLAR POWER WIND POWER CO2 EMISSIONS FINANCING PUBLIC SECTOR INVESTMENTS CLEAN ENERGY TRANSITION Vietnam has made remarkable economic progress over the past 30 years; however, growth was supported by increasing reliance on coal-based energy. The energy sector would continue the expansion of coal-based energy with the significant increase in the installed capacity of coal power plants under previous plans. Vietnam has committed to achieving net-zero emissions by 2050 and gradually phasing out the use of coal for power generation. Selecting lower carbon pathways for the future growth of the energy sector requires the study of interdependencies of the power system through a robust analytical approach. The choice of decarbonization scenario should be based on a careful review of implications and opportunities at the sector level as well as more broadly at the level of the economy. Energy sector decarbonization would require the development of ‘just transition’ oriented policies and regulations to support the people, communities, and businesses. World Bank Group stands ready to provide comprehensive support for designing and implementing a low-carbon future for the energy sector. 2022-09-06T20:09:12Z 2022-09-06T20:09:12Z 2022-06 Policy Note http://documents.worldbank.org/curated/en/099516309052222817/IDU0c4a1d5c2054b004e670a7f3085330ecd829b http://hdl.handle.net/10986/37966 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Working Papers Working Papers :: Other Papers Southeast Asia Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	DECARBONIZATION ENERGY SECTOR LOW-CARBON INFRASTRUCTURE GREENHOUSE GAS EMISSION RENEWABLE ENERGY ENERGY EFFICIENCY SOLAR POWER WIND POWER CO2 EMISSIONS FINANCING PUBLIC SECTOR INVESTMENTS CLEAN ENERGY TRANSITION
spellingShingle	DECARBONIZATION ENERGY SECTOR LOW-CARBON INFRASTRUCTURE GREENHOUSE GAS EMISSION RENEWABLE ENERGY ENERGY EFFICIENCY SOLAR POWER WIND POWER CO2 EMISSIONS FINANCING PUBLIC SECTOR INVESTMENTS CLEAN ENERGY TRANSITION World Bank Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
geographic_facet	Southeast Asia Vietnam
description	Vietnam has made remarkable economic progress over the past 30 years; however, growth was supported by increasing reliance on coal-based energy. The energy sector would continue the expansion of coal-based energy with the significant increase in the installed capacity of coal power plants under previous plans. Vietnam has committed to achieving net-zero emissions by 2050 and gradually phasing out the use of coal for power generation. Selecting lower carbon pathways for the future growth of the energy sector requires the study of interdependencies of the power system through a robust analytical approach. The choice of decarbonization scenario should be based on a careful review of implications and opportunities at the sector level as well as more broadly at the level of the economy. Energy sector decarbonization would require the development of ‘just transition’ oriented policies and regulations to support the people, communities, and businesses. World Bank Group stands ready to provide comprehensive support for designing and implementing a low-carbon future for the energy sector.
format	Policy Note
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
title_short	Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
title_full	Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
title_fullStr	Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
title_full_unstemmed	Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)
title_sort	energy sector decarbonization in vietnam : background note to the country climate and development report (ccdr)
publisher	Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099516309052222817/IDU0c4a1d5c2054b004e670a7f3085330ecd829b http://hdl.handle.net/10986/37966
_version_	1764488220082438144

Energy Sector Decarbonization in Vietnam : Background Note to the Country Climate and Development Report (CCDR)

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