Viet Nam’s rapid economic growth in recent years has been energy dependent. Viet Nam’s economy could expand by almost 14 times between 2010 and 2050, but the country’s energy system has become more carbon intensive. This study uses a bottom–up model to evaluate 63 measures to reduce greenhouse gas emissions from household electricity, industry, power generation, and transport. It finds potential for emissions reduction by 53% in 2050, and that much of this reduction can occur at low or negative financial costs. These measures are found to ultimately lead to faster and more inclusive economy-wide growth for the country. Policy measures are also identified to help realize this growth.
- Executive Summary
- Introduction
- Methodology
- Analysis and Results of Energy Efficiency in Household Electricity Consumption
- Analysis and Results of Energy Efficiency in Industry
- Analysis and Results of Power Sector Supply-Side Assessment
- Analysis and Results of Sustainable Transportation
- Marginal Abatement Cost Curves
- Economy-Wide Consequences of Low-Carbon Growth
- Policies to Realize Low-Carbon Growth Potential
- Conclusions
- Appendix: Details on Technical Potential to Improve Demand-Side Energy Efficiency
- Annexes