Vietnam contributes one million USD to the Green Climate Fund
Green growth has become an inexorable trend and a goal that all countries are aiming for, Minister of Planning and Investment Nguyen Chi Dung told a consultation conference on compiling a national strategy on green growth in the 2021-2030 period, with a vision to 2045 towards 2050, held in Hanoi on March 29.
Minister of Planning and Investment Nguyen Chi Dung. (Photo: SGGP) Choosing green growth is considered a new approach in economic growth to achieve comprehensive prosperity, especially in countries seriously affected by climate change, Dung said, adding that green growth contributes to reforming the growth model, strengthening the economy’s resilience and reducing humanity’s vulnerability to external shocks.
Vietnam is among the countries most severely affected by climate change, natural disasters, and diseases. It is stepping up the transformation of the growth model in an intensive and effective manner and speeding up post-pandemic recovery.
Therefore, the development of the national strategy on green growth in conformity with the new context is a goal and priority to achieve economic prosperity, Dung affirmed.
Le Viet Anh, head of the Ministry of Planning and Investment’s Department of Science, Education, Natural Resources and Environment, said that the strategy demonstrates Vietnam’s responsibility, sharing, and cohesion in realizing international commitments and serves as a basis for balancing domestic resources, mobilizing international resources effectively, and harmonizing the socio-economic development roadmap with emission reduction goals, thus helping to increase the efficiency of public investment allocation and monitor and evaluate the implementation of climate change and green growth projects in the medium and long terms.
At the conference, representatives from ministries, sectors, and the embassies of the Republic of Korea, the Netherlands, and the UK in Vietnam, and international organizations and development partners such as the World Bank, the Asian Development Bank, and the UN Development Program contributed ideas to the strategy and agreed with its new features.
They committed to supporting and standing side-by-side with Vietnam during implementation.
The draft strategy is expected to be submitted to the Prime Minister in June.
Minister of Planning and Investment Nguyen Chi Dung. (Photo: SGGP) Choosing green growth is considered a new approach in economic growth to achieve comprehensive prosperity, especially in countries seriously affected by climate change, Dung said, adding that green growth contributes to reforming the growth model, strengthening the economy’s resilience and reducing humanity’s vulnerability to external shocks.
Vietnam is among the countries most severely affected by climate change, natural disasters, and diseases. It is stepping up the transformation of the growth model in an intensive and effective manner and speeding up post-pandemic recovery.
Therefore, the development of the national strategy on green growth in conformity with the new context is a goal and priority to achieve economic prosperity, Dung affirmed.
Le Viet Anh, head of the Ministry of Planning and Investment’s Department of Science, Education, Natural Resources and Environment, said that the strategy demonstrates Vietnam’s responsibility, sharing, and cohesion in realizing international commitments and serves as a basis for balancing domestic resources, mobilizing international resources effectively, and harmonizing the socio-economic development roadmap with emission reduction goals, thus helping to increase the efficiency of public investment allocation and monitor and evaluate the implementation of climate change and green growth projects in the medium and long terms.
At the conference, representatives from ministries, sectors, and the embassies of the Republic of Korea, the Netherlands, and the UK in Vietnam, and international organizations and development partners such as the World Bank, the Asian Development Bank, and the UN Development Program contributed ideas to the strategy and agreed with its new features.
They committed to supporting and standing side-by-side with Vietnam during implementation.
The draft strategy is expected to be submitted to the Prime Minister in June.
VNA
Other News
- Leftovers: In Vietnam's Hue, yesterday’s rice is today’s hot menu item
- Vietnam opens UN staff officer training course
- Critical patient in Vietnam covered US 1 6 milion for treatment fees by medical insurance
- Global cases of COVID-19 continue to increase for a seventh consecutive week: WHO
- From humble sedge come new creations
Related News
Business
-
Vietnam economy to expand 7% annually in 2021-22: Fitch Ratings
-
H&M fighting to save fanbase after social media backlash
-
Shrimp sector sets sights on US$4 bln export target in 2021
-
Over VND27 trillion sought for key roads leading to seaports in HCMC
-
Vietnam aims at US$4 billion of shrimp export revenue in 2021
LATEST CORPORATE NEWS
-
New Advancements to Aruba ESP Deliver Edge-to-Cloud Security to Enterprises
-
AVITA LIBER V notebook wins coveted Red Dot 2021 design award, recognizing the tech-fashion brand’s aim of achieving functional beauty, expression and individualism
-
CFO Survey: China set to lead global post-pandemic recovery in 2021
-
Expansion of CarePlus Clinics in Vietnam by A Consortium of Investors
-
Quality lifestyle asks for more quality baby hampers - Give Gift Boutique helps children with special needs by supporting charitable activities