P4G Summit: PM’s closing speech praises vision for global green transition
The fourth Partnering for Green Growth and the Global Goals 2030 (P4G) Summit in Hanoi reached five major areas of consensus, including pooling finance for green transition through public-private partnerships and innovative financial policies, advancing research in green technological solutions; transforming agricultural and food systems for sustainability, developing a skilled workforce in sci-tech and innovation; and pursuing an efficient, sustainable, and eco-friendly energy transition.
PM Pham Minh Chinh at the fourth P4G Summit in Hanoi (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh praised insightful and dynamic discussions at the fourth Partnering for Green Growth and the Global Goals 2030 (P4G) Summit in Hanoi from April 14-17, highlighting valuable lessons, success stories, bold andဣ forward-looking initiatives shared by delegates.
In his closing speech, PM Chinh underscored green transition as an inevitable path, an objective requirement, a strategic choice, and a top priority for achieving sustainable development goals. This process requires global cooperation and multi-stakeholder collaboration among governments, businesses, communities, and individuals to ensure inclusive and equitable development in which no one is left behind.
He highlighted five major areas of consensus, including pooling finance for green transition through public-private partnerships and innovative financial policies, advancing research in green technological solutions; transforming agricultural and food systems for sustainability, developing a skilled workforce in sci-tech and innovation; and pursuing an efficient, sustainable, and eco-friendly energy transition.
PM Pham Minh Chinh delivers a closing speech (Photo: VNA)
The PM urged countries, organisations, and businesses to enhance coordination with P4G members, stressing shared responsibility for building a greener future for the world.
“We must unite to create a world that is greener, cleaner, more beautiful, and better for generations to come”, he said, affirming Vietnam’s commitments to continuing its partnership with member countries and global partners to turn the commitments and initiatives into reality.
The leader reiterated Vietnam's foreign policy of peace, independence, self-reliance, diversification and multilateralisation of external ties, being a good friend, a reliable partner, and a responsible member of the international community. At the same time, Vietnam remains committed to achieving carbon neutrality by 2050, contributing to an inclusive and sustainable green transition.
Significant pledges were made, including the Republic of Korea’s financial support for P4G, the United Arab Emirates (UAE)'s 50 billion USD investment in renewable energy across 70 countries, and Japan’s backing for projects in 25 nations via a credit-sharing mechanism. Countries also set voluntary nationally determined contributions (NDCs) to reduce emissions and achieve carbon neutrality.
The summit adopted the Hanoi Declaration on Sustainable and People-Centred Green Transition, and the Declaration on Strengthening Multilateral and Institutional Partnerships to Promote Green Transition and Sustainable Development.
Three loan agreements, totaling nearly 400 million USD, were signed between Vietnam, the Asian Development Bank (ADB), and the International Bank for Reconstruction and Development (IBRD) to fund climate-resilient infrastructure and sustainable development projects.
PM Pham Minh Chinh (L) and Ethiopian PM Abiy Ahmed Ali at the handover of the role of hosting the fifth P4G Summit (Photo: VNA)
At the closing ceremony, Ethiopian Prime Minister Abiy Ahmed Ali announced that Ethiopia will host the fifth P4G Summit in 2027, reinforcing the P4G community’s commitment to green growth and inclusive development./.
Vietnam is pioneering a new model of cooperation, one grounded in mutual respect, shared responsibility, and genuine commitment to climate action. In this model, a country’s value lies not in its GDP but in its concrete climate actions and collaborative spirit. Vietnam’s vision of fair and inclusive multilateralism could chart a new path - much-needed, and hopeful - for the global climate order.
Ministerial discussions were held on April 17 within the framework of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit, bringing together domestic and international officials to address critical aspects of sustainable development and green transition.
Deputy Foreign Minister Do Hung Viet proposed that Vietnam and Colombia step up high-level mutual visits, make full use of existing cooperation mechanisms, and foster linkages to create a favourable environment and framework for advancing economic ties.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
The Deposit Return System is seen as a potential instrument for effectively advancing Vietnam’s vision of a circular economy, as outlined in Article 142 of the 2020 Law on Environmental Protection.
The figures were highlighted in a Pre-Feasibility Study on a DRS tailored for single-use beverage packaging in Vietnam, conducted by Eunomia Research & Consulting.
Young people should not view AI as salvation but rather as a tool under human control. Young creators should focus on learning and accumulating practical knowledge, using AI as a tool to carry out artistic projects in the most effective and cost-efficient manner.
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
The fight against plastic pollution could not succeed through isolated efforts, but it must be a collective endeavour involving the entire political system, businesses, citizens, and the international community, said Minister of Agriculture and Environment Do Duc Duy.
Lang Son Global Geopark, with its outstanding geological values, cultural heritage, and unique natural landscapes, represents a valuable addition to UNESCO’s global geoparks system.
In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
This year’s World Oceans Day on June 8 is themed 'Wonderful Oceans: Sustaining What Sustains Us', while World Environment Day is on June 5 with the theme: 'Beat Plastic Pollution'.
According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.
