Targets
Target Overview
In 2022 Viet Nam submitted its updated NDC, increasing its unconditional target to reduce GHG emissions by 15.8% below business-as-usual levels (BAU) by 2030 compared to 9% in the previous NDC. Conditional on international support, this target will be further increased to 43.5% below BAU, higher than previous conditional target of 27%. The conditional target is cumulative. GHG emissions reduction from international support alone are 28% from 2030 BAU emissions.
The updated unconditional and conditional targets translate to 863 and 620 MtCO2e/yr, respectively, in terms of absolute emissions levels for 2030 or 12% and 37% below BAU, excluding the land use and forestry sector.
The updated NDC claims that new targets are aligned to fulfill Viet Nam’s commitments at COP26, but it is not a true progression in scaling up climate action, as it is still aligned with 4ºC of warming and requires no additional effort beyond current policies. Notably, at COP26, Viet Nam committed to reach net zero by 2050 along with additional pledges related to a coal phase-out and methane emission reductions.
In the updated NDC, Viet Nam has transparently presented the financial requirements to achieve its unconditional and conditional targets.
The CAT rates Viet Nam’s targets as “Critically Insufficient”.
VIET NAM - Main climate targets |
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2030 unconditional NDC target | |||
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Formulation of target in NDC | 15.8% reduction below BAU in 2030 | ||
Absolute emissions level in 2030 excl. LULUCF |
863 MtCO2e [212% above 2010] |
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Status | Submitted in November 2022 |
2030 conditional NDC target | |||
---|---|---|---|
Formulation of target in NDC | 43.5% reduction below BAU in 2030 | ||
Absolute emissions level in 2030 excl. LULUCF |
620 MtCO2e [124% above 2010] |
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Status | Submitted in November 2022 |
Net zero & other long-term targets | |||
---|---|---|---|
Formulation of target | Net zero by 2050 | ||
Absolute emissions level in 2050 excl. LULUCF | 185 MtCO2e | ||
Status | Included in the decision document approving the National Climate Change Strategy in July 2022. |
CAT rating of targets
NDC updates
Net zero and other long-term target(s)
Further analysis
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