The European Union (EU)’s Energy Sector Policy Support Programme which worths of 108 million euro aims to enhance access to sustainable energy in rural areas in Viet Nam and contribute to a more sustainable energy sector by promoting efficient, clean and renewable energy available to all citizens.
The programme will not only support the Government of Viet Nam to achieve its objective of the 2013 – 2020 programme on electricity supply to rural, mountainous and island areas to provide reliable and sustainable electricity access to up to 1, 200,000 households in rural areas, but it will also enhance the governance of the energy sector to facilitate the shift to a more sustainable energy development path in Viet Nam.
Viet Nam, one of the most exposed countries in the world to climate change, is facing major energy challenges to maintain the path of its socio-economic development. While the EU response cannot address all these challenges, it can together with other development partners influence policies and choices that would aim at making the sector cleaner and more sustainable.”
The EU indicative grant allocation of 346 million euro supporting the energy sector in Viet Nam for the period 2014 – 2020 is the largest grant contribution provided by the EU so far to a single country in support of sustainable energy. It reaffirms the European Union’s leading role in supporting the fight against climate change and in the promotion of renewable energies. In Viet Nam, the EU is committed to further contribute to a more sustainable energy sector by promoting efficient, clean and renewable energy.