The event discusses countries' efforts to pursue net zero emissions targets. AZEC members include Indonesia, Thailand, Malaysia, Singapore, Vietnam, Philippines, Cambodia, Laos, Brunei, Australia, and Japan.
In his opening remarks, Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said AZEC provides a platform for governmental organizations, sector leaders, and experts to discuss and affirm the importance of renewable energy and sustainable practices in all fields worldwide.
So far, some 350 decarbonization projects and 100 memoranda of understanding (MoU) have been carried out in the region. Within the framework of this meeting, 70 new MoUs were signed.
In particular, the launch of the Asian Zero Emission Centre on this occasion aimed to encourage the participation of business entities in decarbonization efforts and create a business matching forum to strengthen collaboration in the future.
At the business forum held as part of the meeting, Viet Nam shared its efforts in efficient energy use to achieve net-zero targets.
Prime Minister Kishida welcoming Minister Pham Minh Chinh of the Socialist Republic of Vietnam last year
Pham Van Tan, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment, said that Viet Nam and its partner Japan have identified more than 80 projects that could be implemented within the AZEC framework.
Japanese businesses and AZEC member countries will work with the Vietnamese Government and partners to carry out those projects in the time ahead.
AZEC is part of the emissions reduction initiative first initiated by the Japanese Prime Minister at the 26th United Nations Climate Change Conference (COP26) in Glasgow, the UK.
It was officially launched at the G20 Summit in Bali, Indonesia, in 2022./.
Source: Government Newspaper
