Neighboring countries unveil plans to reduce global warming at COP29, competing for a share of green funding.

Table of Contents

• 1 Cambodia
• 2 Malaysia
• 3 Vietnam
• 4 Thailand’s negotiating framework at COP29
• 5 How do you envision the role of technology and innovation in driving sustainable practices and reducing greenhouse gas emissions in your respective countries?

“Business Bangkok” The situation followed the 29th Meeting of States Parties to the United Nations Framework Convention on Climate Change (COP29) Baku Republic of Azerbaijan At the event there was an important moment when representatives from ASEAN countries took the Senior Segment stageCambodia, Malaysia and Vietnamgave a speech that reinforces the country’s commitment and strategy to combat climate change. and requests

Cambodia

Mr Sopalleth Ian The Minister of Environment in Cambodia said that Cambodia has reaffirmed its strong commitment to the goals.The Paris Agreement Even though this is one of the countries that emits the least amount of greenhouse gases. But there is a risk of flooding in Cambodia. heat wave soil erosion and increased vulnerability

In response to the global climate crisis Cambodia has made a commitment NDC (Nationally Determined Grant) reviewed in 2020 and committed to performanceCarbon neutral (Carbon Neutral) by 2050. In addition, there is a comprehensive environmental strategy for 2023-2028 Campaign against plastic

It has reduced the use of plastic bags and cleared plastic waste from public areas. More than 9.7 million people participated, making up 50% of the entire Cambodian population. and a campaign to plant more than 1 million trees In addition, we have started a tree planting campaign by planting more than a million trees in the first year. and increase the number every year to expand forest areas to achieve non-shouldering by 2050.

Cambodia has adopted Paris Agreement Action Directive No. 6 and is actively working to expand carbon market opportunities in six sectors: energy, industry, solutions, agriculture, forestry and waste management.

“We call on COP29 to accelerate the implementation of the target to increase climate finance to implement NDC plans and long-term strategies. This is particularly true for Least Developed Countries (LDCs) and Small Island Developing States (SIDS), and we call on developed countries, which are the largest emitters, to increase their financial commitments to help In addition, we should continue to implement a simpler format for access.Green Climate Fund“

Malaysia

Mr. Nik Nazmi bin Nik Ahmad Malaysia’s Minister of Natural Resources and Environmental Sustainability said that Malaysia has launched the National Climate Change Policy NDC 2.0 this year.

It sets out a path to the goal of reducing greenhouse gas emissions by 45% of the economy’s greenhouse gas emissions intensity by 2030 compared to 2005 levels. 2024.

“We are working to pass the Climate Change Act. This will improve climate management and help comply with other obligations. Under the Paris Agreement, it is also currently developing a national agreement to implement Article 6 of the Paris Agreement. So that the private sector can reduce greenhouse gas emissions more effectively.”

Malaysia has pledged to introduce a carbon tax in 2026, changing from broad subsidies to targeted subsidies for electricity and fuel. To prevent the rich from subsidizing greenhouse gas emissions.

As one of the most biodiverse countries in the world, with 20% of Forest animals that are more than 100 million years old and part of the Coral Triangle. Malaysia is committed to sustainably managing our biodiversity. This is despite Malaysia emitting less than 1% of global greenhouse gas emissions. But he remains committed to the principle of collective responsibility at this time of crisis.

“The world is at a crossroads in the context of NCQG climate funding and a lack of shared understanding. But in comparison, developed countries spend trillions of dollars on wars and conflicts. At the same time, funding is being denied to southern countries.”

However, Malaysia recognizes that the country cannot fight climate change alone. Multidimensional recognition is important. When we gather here we must recognize that progress in our negotiations must move faster. Because time is of the essence. As we look ahead to the end of COP29, we intend to establish a clear and ambitious way forward that will influence the negotiations.

Vietnam

Mr Than Le Kong Vietnam’s Deputy Minister of Natural Resources and Environment said that 2024 is likely to be the hottest year on record, with extreme heat, floods and tropical cyclones occurring in many parts of the world. Including Vietnam which has a negative impact on the world economy

Vietnam has introduced climate change response measures and the implementation of our NDCs with environmental protection laws. This long-term strategy is in line with the country’s economic and social development plan By 2024, Vietnam aims to reduce greenhouse gas emissions by 9% compared to 2010 levels, and increase to 27% by 2030 if it gets you financial and technological support from abroad

In this meeting Vietnam recommends that developed countries follow a responsible plan. In addition, the level of climate finance should reach one trillion dollars per year until 2030 to allow developing countries to respond to climate change and implement changes.

Thailand’s negotiating framework at COP29

1. Leading the country’s greenhouse gas reduction action plan To achieve NDC 2030, which is expected to reduce greenhouse gases by 43% from the target of 30-40%, equivalent to 222 million tons of carbon dioxide equivalent.

2. Managing the climate change plan To enable relevant organizations to integrate change issues into plans and strategies in all sectors and areas, including the preparation of climate information. and national climate change risk information

3. Accelerating Push for Climate Change Act

4. An example of creating concrete cooperation among each department. From the 3rd Thailand Climate Action Conference (TCAC 2024)

5. Submission of bi-annual transparency reports that Thailand intends to deliver by December 2024 as planned.