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24 November, 2021 Legal Update

Sustainability Update: November 24, 2021

Sustainability Update: November 24, 2021

Read about the latest sustainability news from the US, European Union, and Vietnam. 

US Launches Initiatives to Climate Action During COP26

During the 26th UN Climate Change Conference of the Parties (COP26), the U.S. Department of Agriculture (USDA) announced a series of new initiatives and platforms that put agriculture, forestry, and rural communities at the center of global solutions to the climate crisis.
The Agriculture Innovation Mission for Climate (AIM for Climate) is an initiative launched by the United States and the United Arab Emirates that brings together more than 30 countries and over 48 NGOs to mobilize investment in climate-smart agriculture and food systems innovation over five years (2021-2025).
The Climate-Smart Agriculture and Forestry Partnership Initiative is intended to partner the USDA with agriculture, forestry and rural communities to implement climate-smart practices, improving protocols to measure, monitor and track carbon sequestration and greenhouse gas emissions.

New Platform on Agriculture Launched by US-EU Joint Collaboration

A new transatlantic collaboration platform on agriculture is designed to take on the global challenges of sustainability and climate change. Through international collaboration and exchange of information, this initiative is expected to facilitate tackling global sustainability issues by enhancing sustainable production, alleviating poverty and hunger, protecting our environment, and confronting climate change.
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Vietnam: Green Growth Strategy 2021-2030 and Vision 2050 Approved

According to a recent USDA GAIN Report, the Government of Vietnam approved on October 1, 2021, the new National Green Growth Strategy for the period 2021-2030 and vision to 2050 (Decision 1658/QD-TTg). Vietnam is undertaking an economic restructure complying with the principles of sustainability. This includes achieving economic prosperity, social justice and environmental sustainability, with an end goal of a green and carbon-neutral economy.
The strategy outlines the main solutions and tasks that each ministry will have to carry out. Moreover, Vietnam is currently developing their Climate Change Strategy and the Agriculture and Rural Development Strategy for the same time period.
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