- A Overview
| A.1 | Party | |
| A.2 | Title of Mitigation Action | This field is required!Title is too long. The limit is 200 characters. |
| A.3 | Description of mitigation action |
The Building sector is one of the fast growing sectors and the largest energy consumers in Viet Nam, accounting for approximately 30% of the total energy consumption, in which residential and commercial buildings are the most prominent energy users. According to the Ministry of Construction, the annual expansion rate of residential and commercial buildings is 6-7% and they are recognized as a significant GHG emitter in Viet Nam. In addition, approximately 95% of the commercial and high buildings in Viet Nam are not yet considered efficient use of energy. There is thus huge potential for GHG emission reduction from the building sector by applying different measures such as improved energy efficiency of housing cooling and heating systems through technical solutions and comprehensive institutional support from government authorities in the environment, buildings and energy sectors with collaboration from private sectors.
The NAMA aims to focus on three mitigation actions: (i) conversion to high efficient ACs; (ii) installation of SWHs; and (iii) recovery and destruction of refrigerants of high GWP in ACs. The actions proposed will achieve 22-25% energy savings compared to BAU scenario. Together with GWP refrigerants total emission reduction from the NAMA is expected at 7,572,857 t CO2e over 2019-2030 period, i.e. an annual reduction of 631,071 t CO2e/year. The NAMA is scheduled to be implemented in three phrases: (i) preparation (2018); (ii) pilot implementation (2019-2020); and full scale implementation (2021-2030) in which mid-term implementation (2021-2025) and long-term implementation (2026-2030). Co-benefits of the NAMA will cover economic, social, environmental and technological benefits which include lower demand for electricity and fossil fuel, enhanced technology transfer, and job creation and improved air quality.
The NAMA includes establishment and operation of a system for recovery and thermal destruction of high GWP refrigerants for the first time in Viet Nam. This is a fundamental change compared to the normal practice of free discharge to the environment. The financial mechanism for NAMA includes fee and tax system based on the labelling system and payment for recovery and thermal destruction services for the first time in Viet Nam. This will induce vital transformational change to raise the awareness of the consumers and technical workers on GHG emission reduction and carbon pricing for equipment for the first time in Viet Nam.
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| A.4 | Sector | |
| A.5 | Technology | |
| A.6 | Type of action | |
| A.7 | Greenhouse gases covered by the action | |
- B National Implementing Entity
- C Expected timeframe for the implementation of the mitigation action
- D Currency
| D.1 | Used Currency |
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| Conversion to USD: 1 |
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- E Cost
| E.1.1 | Estimated full cost of implementation | |
| E.1.2 | Comments on full cost of implementation |
Full cost of implementation include investment in equipment (AC&SWHs), recovery and destruction program and enabling activities.
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| E.2.1 | Estimated incremental cost of implementation | |
| E.2.2 | Comments on estimated incremental cost of implementation |
Total saving cost is 570,386,973 USD. Payback is 5.69 years.
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- F Support required for the implementation the mitigation action
| F.1.1 | Amount of Financial support | |
| F.1.2 | Type of required Financial support | |
| F.1.3 | Comments on Financial support |
Financial support mainly to cover cost for enabling activities.
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| F.2.1 | Amount of Technological support | |
| F.2.2 | Comments on Technological support |
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| F.3.1 | Amount of capacity building support | |
| F.3.2 | Type of required capacity building support | |
| F.3.3 | Comments on Capacity Building support |
Capacity Building Support covers the establishment and operation of NAMA operating Unit and the Carbon Neutral Labelling Office as well as trainings for these entities.
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- G Estimated emission reductions
- H Other indicators
| H.1 | Other indicators of implementation |
Policy incentives and financial incentives that require the technical assistance of 320,000 USD
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- I Other relevant information
| I.1 | Other relevant information including co-benefits for local sustainable development |
Co-benefits of the NAMA will cover economic, social, environmental and technological benefits which obviously include lower demand for electricity and fossil fuel, enhanced technology transfer, and job creation and improved air quality. The first-ever establishment of the system for recovery and thermal destruction of high GWP refrigerants and the financial mechanism includes fee and tax system based on the labelling system and payment for recovery and thermal destruction services will induce transformational changes for Viet Nam
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- J Relevant National Policies strategies, plans and programmes and/or other mitigation action
| J.1 | Relevant National Policies |
Nationally Determined Contribution to UNFCCC, Law on Energy Efficiency, Building Code, National Strategy for Response to Climate Change, National Green Growth Strategy
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| J.2 | Link to other NAMAs | |
- K Attachments
- L Support received
| L.1 | Outside the Registry | |
| L.2 | Within the Registry |
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