Eco-industrial parks vital to achieving net zero emission target by 2050

Sep 16th at 10:45
16-09-2024 10:45:15+07:00

Eco-industrial parks vital to achieving net zero emission target by 2050

The development of eco-industrial parks (eco-IPs) is an effective solution to lower emissions enough to meet the net zero target by 2050 in Việt Nam. However, there are still many obstacles, especially in terms of mechanisms.

A wastewater treatment plant in the Deep C Industrial Park in the northern port city of Hải Phòng. — VNA/VNS Photo

The rapid development of industrial parks in recent times has put great pressure on the living environment of residents, according to Vương Thị Minh Hiếu, Deputy Director General of the Department of Economic Zone Management (DEZM) under the Ministry of Planning and Investment (MPI).

Up to 13 per cent of operating IPs have not built wastewater treatment plants, threatening the health of the surrounding communities, she noted.

Hiếu held that sustainable development is no longer a slogan, but has become an inevitable trend that helps enterprises determine their vision and strategic business orientation, thus many localities and IP infrastructure investors consider forming eco-IPs an urgent need to create competitive advantages.

Furthermore, the development of eco-industrial parks and green industrial parks has also become a mandatory requirement to meet green consumption needs and fulfill the commitment at the 26th United Nations Climate Change Conference (COP26) to achieve the goal of net zero emissions by 2050.

By 2030, the country aims for 40-50 per cent of localities to convert existing IPs into eco-IPs and 8-10 per cent of localities have orientations to build eco-IPs right in their plan making.

The Swiss Government has pledged to continue working with the United Nations Industrial Development Organisation (UNIDO) to accompany Việt Nam in promoting eco-industrial parks associated with the circular economy in the 2024-28 period, according to DEZM.

Its project, approved by the MPI in August, replicates the eco-industrial park approach to promote the circular economy in Việt Nam and has a total budget of US$3.6 million, which is sponsored by the Swiss Federal Department of Economic Affairs, Education and Research (EAER). The projected eco-industrial parks are to be transitioned in Hải Phòng, Bắc Ninh, Đồng Nai, HCM City and Long An.

The MPI is coordinating with the World Bank to support the construction of eco-IPs in Bình Dương, carry out water circulation networks for several industrial parks with a high concentration of textile and garment activities in Hưng Yên and Thừa Thiên-Huế. The goal is to promote the efficient use of energy in the eco-IPs following the Korean model.

Bruno Jaspaert, executive director of the Deep C Industrial Park in Hải Phòng, said Việt Nam does not have preferential policies specifically for developing eco-IPs, thus it will take time and efforts to build these zones.

The research and development of the Law on Industrial Parks and Economic Zones to ensure the enhancement of international competitiveness of industrial park and economic zone models is one of the key tasks that the MPI will implement together with other ministries, agencies, and localities in the coming time, Hiếu said.

According to Hiếu, IPs must pioneer changing the direction of development, focusing on promoting the development of eco and green industrial park models. Science, technology, and innovation should be considered a pillar for future development. Focus should be placed on attracting selective investment, and proactively contacting and closely following the world's leading corporations in the industries and fields that Việt Nam prioritises. 

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