Vietnam to host fourth P4G Summit in 2025

Upon addressing the third summit which was held from September 22 to September 23, Minister of Natural Resources and Environment Dang Quoc Khanh thanked the other P4G members for supporting Vietnam to host the next event.

He affirmed that the country will exert every effort and hopes to receive experience and assistance from Colombia and other partners so that it can fulfill its role.

Vietnam will therefore work hard to ensure that next summit's agenda matches the P4G countries' priorities and global concerns, including food security and poverty reduction, management and sustainable use of cross-border water resources, the building and operation of early warning systems and the monitoring of climate change impacts, finance for efforts towards net zero emissions and just energy transition, carbon smart agriculture, and a circular economy for plastics, the official noted.

During the third P4G Summit, Minister Khanh had bilateral meetings with a Deputy Minister for development co-operation and global climate policy of Denmark, a Deputy Minister of environment of the Republic of Korea (RoK), the president and CEO of the World Resources Institute, and the P4G executive director.

The partners highly value Vietnamese proactiveness and sense of responsibility when it proposed Vietnam as the venue of the fourth P4G Summit in 2025. They also pledged to co-ordinate alongside the country to successfully organise the event while improving the effectiveness and maximise the role of P4G in helping countries to carry out climate actions and targets.

Members of the Vietnamese delegation also took part in the summit's group discussions of energy transition and sustainable cities. They held working sessions alongside the P4G Secretariat and P4G co-ordinators of Colombia and the RoK to share experience in holding P4G events.

The third P4G Summit was held by the Colombian Government and witnessed the presence of about 500 delegates from 12 countries and partner organisations. Opening with the theme of "Transformative Alliances for Sustainability: Actions towards green growth and life", it focused on biodiversity, energy transition, and sustainable cities.

The event reaffirmed the role of green growth in economic recovery and the realisation of the Sustainable Development Goals (SDGs). It also called on all countries to offer conditions for the private sector to further bring into play their role in promoting technological solutions, innovation, finance for green transition and sustainable development, and creating new jobs in green industries.

P4G, whose predecessor is the Global Green Growth Forum (3GF), took shape in 2017 at the initiative of the Danish Government. It currently boasts 12 member countries, namely Denmark, Chile, Mexico, Vietnam, the RoK, Ethiopia, Kenya, Colombia, the Netherlands, Bangladesh, Indonesia, and South Africa. It also involves the participation of over 90 other countries, international organisations, and businesses.

Vietnam represents one of the seven founding members and is an official partner of P4G.

P4G is widely considered to be a leading forum in the world in terms of promoting public - private partnership and connecting governments, businesses, and socio-political organisations in devising breakthrough solutions about green growth to help achieve the SDGs, with its summits being held biennially.

(Source: VOV)