Economics

Green financial market promotion for Net zero

Translated by H.THU 23/11/2024 16:59

(QNO) - On November 21, a workshop took place in Danang city focusing on promoting green investments and developing the green financial market in Vietnam Central and Central Highlands, with the goal of achieving Net zero.

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Scene of the workshop

The workshop on digital technology driving green transition, organized by the Centre for Communication and Environment under the Ministry of Natural Resources and Environment, highlighted Vietnam’s commitment to Net zero by 2030, targeting a 43.5% emission reduction with international support.

As a country heavily impacted by climate change, Vietnam views green investment and finance as crucial for sustainable, low-carbon growth. Green and digital transitions must align to boost productivity and efficiency, offering opportunities for development.

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A presentation at the workshop

The workshop discussed some key topics, including the circular economy for green business transformation, the state of green finance in Vietnam, and the role of financial institutions and policies in achieving Net zero.

It focused on the necessity for clear regulations on using digital technology to support the green transition, standardized policies for its application in production, and investments in digital transformation to foster green growth.

The green transition requires funding from capital markets, including green finance, supported by the government, international donors, and financial institutions.

The event aimed to clarify the role of digital technology in driving the green transition, maximize funding resources, and help localities attract investment and develop effective strategies for new economic models.

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