Laos makes solid progress towards carbon neutrality
The ADB said in a recent report that Laos has made solid progress towards achieving its nationally determined contributions (NDCs) under the Paris Agreement, aimed at achieving net-zero emission.
Vientiane (VNA) - The ADB said in a recent report that Laos has madesolid progress towards achieving its nationally determined contributions (NDCs)under the Paris Agreement, aimed at achieving net-zero emission.
The ADB’s Asian Development Outlook 2022 noted that Laosis committed to further promoting renewable energy and investments in low-carbonsectors to achieve carbon neutrality by 2050.
According to the report, strong foreign privateinvestment inflows are expected to support the development and supply oflow-carbon electricity and grid connectivity in Laos for export markets.
It cited as examples plans on wind farm investments of1.6 gigawatts, including a 600-megawatt (MW) Monsoon Wind project in Xekong andAttapeu provinces that will export energy to Vietnam.
𒀰 These investments are expected to become one of theworld’s largest wind farms and provide over 90 million tonnes of carbon savingover their life.
The report also mentioned the Lao government’s plan toincrease the share of solar power in its energy mix to almost 25 percent by 2025,from under 1 percent at present.
The government has given the green light for investorsto develop a number of solar projects, with some currently carrying outfeasibility studies.
꧒ According to the ADB, although Laos’ emissions are lowcompared with other Southeast Asian economies, industrial development andincreasing consumption are nevertheless contributing to growing emissions./.
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The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
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The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
