Vietnam is drafting an updated Nationally Determined Contribution (NDC) aimed at further reducing the country’s overall carbon emissions. (Photo: iStock)
Vietnam is preparing to submit an updated Nationally Determined Contribution (NDC), with officials saying at a recent technical consultation event that the draft has been assessed based on socio-economic impacts, financing needs, and potential costs.
Under the mitigation scenario, Vietnam projects economy-wide emissions reductions of 41.7% by 2035, compared with a business-as-usual pathway, requiring additional investment of up to USD 179.4 billion.
