Low-carbon bus NAMA, Vietnam

General Information of the NAMA

General Information
Country Vietnam
National implementing entity (NAMA owner) Ministry of Environment and Transport
Development stage The full concept was developed and the NAMA Support Project (NSP) outline was submitted to NAMA Facility in late October 2016
International Partners  UNDP, GIZ, KfW
Total costs  EUR 20 millions
Duration  Full NAMA 2017-2030; Phase I (NSP) 2017-2020
Scope of the NAMA
Type of NAMA  Supported
Type of action Programme and policy
Scope of Action National and local
Type of approach I, S
Transport mode bus, public transport
Mitigation impact
Expected mitigation impact 18.4 Mt tCO2 until 2030

The NAMA is developed with the aim to contribute to the sustainable development of the transport sector and to Viet Nam’s GHG emission reduction goals by introduction of low-carbon buses (hybrid, plug-in hybrid and electric buses), operational efficiency improvements and public transport system improvements. These actions will result in energy and emission savings per km driven and modal shift from private to public transport. Instruments are incremental costs financing for new technologies, technical assistance to cities and policy support for a national urban transport programme. Phase I (2017-2020) focuses on large scale demonstration with introduction of 250 low-carbon buses in 2-3 cities, with scaling up to all cities in Viet Nam until 2030.

Mitigation potential

The NSP will lead to direct emissions reductions in the magnitude of about 400,000 tCO2 until the year 2030. The full NAMA results in 18.4 MtCO2 savings until 2030 and 2.2 MtCO2 avoided per annum as of 2030, equivalent to 2.2% of BAU transport emissions of Viet Nam.

Financing

The implementation is realized through a Low Carbon Bus grant facility (denominated “LCB Fund”) which covers incremental (as compared to conventional diesel buses) and risk costs with a phased-out approach, i.e. the financial incentive is reduced over time. The financial approach is implemented sequentially according to technologies, i.e., hybrids, then plug-in hybrids and thereafter electric buses. The fund structure is based on successful experience of comparable funds in the UK and China.

 

Contact

Ms. Anna Schreyoegg – Chief Technical Advisor
Email: anna.schreyoegg@giz.de 

Resources 

screenshot_lowcarbonbus Download the Factsheet on LCB NAMA here.

 

 

 

 

 

 

Further Information is available here.