At an event held in Danang, representatives from both governments and the private sector came together to mark the close of USAID’s Vietnam Urban Energy Security project and highlight key results achieved since 2019.
Speaking at the event, USAID/Vietnam Mission Director Aler Grubbs shared that USAID’s partnership with Danang has helped pave the way for the city to reduce its energy consumption and greenhouse gas emissions.
“Through our successful partnership, Danang stands well positioned to be a model city in Vietnam for advancing the country’s net-zero emissions by 2050 goal,” he said.
With USD2.70 million in funding through USAID’s Vietnam Urban Energy Security project, USAID and Danang DOIT partnered to facilitate energy efficiency gains and develop and deploy new sources of renewable energy.
Some specific results included the development of four policies and regulations that helped Danang put the National Strategy for Energy Development into action by encouraging the deployment of clean energy and advanced energy systems, such as rooftop solar and electric vehicles; the creation of Danang City’s Energy Efficiency Awards (EEA), marking the first time the city recognized large energy consuming enterprises for their energy efficiency advances; and training key financial institutions on green bonds, rooftop solar and waste-to-energy projects, which improved access to finance for such initiatives.
