Pacific Group, VAHC Club, SIHUB and partners submitted proposals to reduce emissions to Thu Duc City
Emission reduction project for Thu Duc city
At the 26th Conference, Parties participating in the United Nations Framework Convention on Climate Change (COP 26) took place in City. Glasgow, (UK) in 2021, Vietnam announced to achieve net zero emissions by 2050. This declaration demonstrated Vietnam's strong determination to promote reduction of greenhouse gas emissions greenhouse gas (GHG) contributes to solving the climate crisis and achieving the goals of the Paris Agreement on climate change. This is the premise for Vietnam to reaffirm its efforts and determination to join hands with the world in the fight against climate change at COP 28.
Through COP28, Vietnam will once again show the world the determination and strong efforts of the entire political system, ministries, branches and people in implementing Vietnam's commitments at COP26 and accompanying join the world in fighting climate change, contributing to green and sustainable development of the country.
At the same time, the National Assembly passed Resolution No. 98/2023/QH15 dated June 24, 2023 on piloting a number of specific mechanisms and policies to develop Ho Chi Minh City on investment management; finance and state budget; urban, natural resources and environmental management; Priority industries and occupations attract strategic investors to the City; science and technology management, innovation; organizational apparatus of the City government and Thu Duc city. In addition, in early 2024, Prime Minister Pham Minh Chinh just signed Decision 177/QD-TTg dated February 14, 2024 to establish the National Council for Science, Technology and Innovation (Council). ). The Prime Minister is the Chairman of the Council.
Thu Duc City is aiming for a GREEN Urban Area, pioneering the creation of green communities, spreading green living values, protecting nature and the environment, helping Thu Duc City not only develop strongly economically and physical space but also truly a friendly, livable and sustainable urban area.
Thu Duc's young, dynamic and open-minded leaders always welcome potential investors and feasible projects to promote the city's gradual progress and improvement with the desire to create a modern and bright urban area. creating both livable and sustainable.
In that context, Pacific Group, in collaboration with Sihub, has attracted a number of Vietnamese and Japanese investors to participate in developing the project "emission reduction for Thu Duc City".
Participants:
Thu Duc City (focal point is the Department of Science and Technology)
Vietnam ASEAN Hydrogen Club
Pacific Group Co Ltd
Invite technology partners
EPC contractor
Project content:
Form a pilot project to convert waste into green hydrogen to serve a public building, utility (such as public lighting) or hydrogen bus for tours
Forming a pilot project to install solar energy stored with green hydrogen to generate electricity for the People's Committee headquarters building
Tasks that need to be done
Cooperation agreement between parties to write pre FS: VAHC, Pacific Group, SIHUB, IBAS
Write pre FS: IBAS VAHC
Invite technology partners: VAHC, Pacific Group, IBAS
Document approving the implementation policy of the People's Committee: SIHUB, VAHC, Department of Science and Technology of Thu Duc City
Find funding sources for implementation: VAHC, Pacific Group
Sign an implementation contract between the parties
Project implementation. Start. Construction. inaugurate
Operate. Monitor results and report implementation results to replicate the model
Implementation progress:
progress until starting construction, operating, evaluating, reporting, and replicating the model
Pre-FS to FS period from February 2024 to June 2024
Assign tasks
VAHC Club side: Take care of gathering technological, financial and sponsoring partners
From SIHUB, Thu Duc City Department of Science and Technology: Take care of government relations and request policies
Pacific Group side: In charge of gathering technology, finance, sponsorship, and project development partners
IBAS side: Take care of pre-FS documents, present to partners in the early stages. At the stage of having funding, FS conducts a FS consulting contract and negotiates a project implementation funding contract with participating partners.
