The overall objective of Decision No. 2626/QD-BTNMT is to promote economic development in parallel with environmental protection, efficient use of natural resources, reduction of greenhouse gas emissions and enhancement of resilience to climate change. At the same time, it creates a legal basis and implementation mechanism for greening activities in the natural resources and environment sector, thereby contributing to the implementation of Vietnam's international commitments, including the goal of achieving net zero emissions by 2050 at COP26. Join GREEN IN to learn more about this Decision in the content below!
Main content of Decision No. 2626/QD-BTNMT
Decision No. 2626/QD-BTNMT not only aims at reducing emissions but also aims at comprehensive greening of Vietnam's resource management and environmental protection activities in the coming period.
Detail goal
Clearly identify three core target groups:
- Reducing greenhouse gas emissions in the natural resources and environment sectors, contributing to realizing Vietnam's commitment at COP 26 to achieve net zero emissions by 2050.
- Promote a circular economic model, ensure efficient exploitation and use of natural resources, and limit waste and emissions.
- Protect and restore natural ecosystems, associated with maintaining biodiversity and enhancing resilience to climate change (Ministry of Natural Resources and Environment, 2022).
Key missions
To realize the above objectives, the Decision sets out four main groups of tasks:
- Perfecting institutions and policies: Review, amend and supplement the legal system and management mechanisms related to green growth; at the same time, issue technical guidelines and economic tools to promote implementation.
- Promoting innovation and green technology: Encourage research, transfer and application of environmentally friendly technologies; prioritize waste treatment technology, renewable energy and digital environmental management.
- Greenhouse gas emissions management and carbon inventory: Building an emission inventory system in the natural resources and environment sector, implementing a carbon market mechanism and carbon pricing tools.
- Database development and digital transformation: Establish a national database on resources, environment and greenhouse gases; enhance the application of information technology, IoT and artificial intelligence in monitoring, forecasting and management (Decision 2626/QD-BTNMT, 2022).
Priority areas
The plan also identifies key areas that need to be prioritized for implementing green growth solutions:
- Manage land, water and mineral resources in a thrifty and efficient manner, limit over-exploitation and encourage reuse.
- Control air, water and solid waste pollution, and promote models of waste reduction, recycling and reuse.
- Clean energy and renewable energy in natural resources and environmental activities, gradually reducing dependence on fossil fuels.
Meaning of Decision No. 2626/QD-BTNMT
For businesses, Decision 2626/QD-BTNMT provides a clear framework for production and business activities in the coming period. Emphasizing technological innovation, resource saving and emission reduction helps businesses proactively invest in green technology and circular economic models, while improving competitiveness when participating in global supply chains. This factor is especially important when major export markets such as the EU, the US and Japan are tightening environmental standards and carbon traceability requirements (European Commission, 2023).
For the country, the Decision is a step to concretize the National Strategy on Green Growth for the period 2021-2030, with a vision to 2050 according to Decision 1658/QD-TTg, and at the same time contributes to implementing the Net Zero commitment by 2050 at COP26. Effective implementation will not only help Vietnam follow the roadmap for emission reduction, but also enhance the country's position in the international arena as a responsible partner in responding to climate change (Ministry of Natural Resources and Environment, 2022).
For the community, the solutions in the Decision aim to improve the quality of the living environment through controlling air, water and solid waste pollution. In addition, promoting green and circular economic models also creates new green jobs, encourages the community to participate in environmental protection activities, and contributes to building sustainable lifestyles and consumption habits.
Conclusion
With specific objectives, key tasks and priority areas set out, Decision No. 2626/QD-BTNMT acts as a bridge between Vietnam's international commitments and domestic actions, helping businesses, management agencies and the community have a clear basis to implement green growth solutions. In the context of climate change and increasing emissions pressure, effective implementation of Decision No. 2626/QD-BTNMT will contribute to bringing Vietnam closer to a low-carbon, sustainable economy and deeper integration with global development trends.