NDF - Financing for climate change and development projects

The Cement NAMA in Vietnam successfully completed and promoted

Photo: NIRAS
Final workshop on 17 June 2016 in Hanoi
Hanna-Mari Ahonen, GreenStream, said projects should ensure long-term financial sustainability and include phase-out of international support.
Hanna-Mari Ahonen, GreenStream, said projects should ensure long-term financial sustainability and include phase-out of international support. Photo: International Institute for Sustainable Development, http://bit.ly/2glkPre
15.11.2016

The Nordic Partnership Initiative Pilot Programme for Supporting Up-Scaled Climate Change Mitigation Action in Vietnam’s Cement Sector, also called the Cement NAMA (Nationally Appropriate Mitigation Action) project was completed in June 2016. The results were presented in a UNFCCC side event at the COP22 in Marrakesh in November 2016.

The cement NAMA project has established a database for Vietnam’s cement sector and defined main components of the NAMA conceptual framework which includes baseline and mitigation options, Measurement, Reporting and Verification (MRV) set-up, legal and institutional framework and financing arrangements.

With the framework of the cement NAMA, 12 key nationally appropriate mitigation actions have been identified under a “Best Available Technology and Practice” scenario and are proposed to be implemented starting from 2016. If all these mitigation actions are implemented, they are estimated to reduce emissions by 138 - 166 Mt CO2e by 2030. The required investments for implementing these mitigation actions by 2030 are estimated at USD 1.8 billion plus USD 15 million for enabling activities. These investments are expected to bring cost savings of around USD 8-10 billion by 2030.

The project hopes to attract national and international financing for the implementation of the NAMA. With this goal in mind, the project was presented at a UNFCCC side event on NAMAs as a tool for (I)NDC implementation by Hanna-Mari Ahonen, Senior Specialist, Climate Finance and Cooperation, GreenStream at COP22 in Marrakesh. The presentation can be found here.

The project was implemented in 2014-2016 by the Department of Science, Technology and Environment under the Ministry of Construction in Vietnam, supported by a consortium consisting of five companies – NIRAS, South Pole, Perspectives, VNEEC and NIRAS-Vietnam (RCEE-NIRAS). A total of 26 technical working papers were produced. A total of 29 consultation meetings/workshops on NAMA financing, MRV and policy were organised with various stakeholders. A total of four training workshops on energy and CO2 Nationally Appropriate Mitigation Action (NAMA) in Vietnam’s cement sector were organised at four different locations with the participants from cement companies located in different regions of the country.  Altogether, 28 site-visits have been made to different cement plants in Vietnam for consultations and assessments.

The Readiness Plan (available here) was developed under the overall coordination of MOC in close co-operation with the involved stakeholders. The executive summaries of all the technical reports can be found here.  A successful final workshop was held on 17 June 2016 in Hanoi, Vietnam.

More information
Nordic Partnership Initiative Pilot Programme [NDF C34]
NAMAs as a Tool For (I)NDC Implementation – Lessons Learned and Plans Ahead