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Green Economy

Viet Nam has experienced rapid economic growth over the last 20 years, bringing social improvements, but also raising new challenges. Therefore, in 2012 the government adopted the ambitious Viet Nam National Green Growth Strategy (VNGGS), mainly aimed at reducing energy consumption and greenhouse gas emissions as a result of the country's economic growth and boosting the 'green' economy sectors.

CEE-NIRAS has actively provided research, training, and policy consultancy on green growth at central and provincial levels. RCEE-NIRAS has been formulating the Monitoring and Evaluation Framework for the Implementation of the National Green Growth Action Plan and carry out the Review of Legal Framework in four sectors for Green Growth as assigned. At the provincial level, RCEE-NIRAS provides training and consultancy to support their planning for low carbon development and green growth action plan. RCEE-NIRAS is preparing MACC analysis (Marginal Abatement Cost Curve) and formulating Provincial Green Growth Action Plans (P-GGAP) as assigned.

The Viet Nam National Green Growth Strategy (VNGGS) 

The strategy follows green growth core principles but also encompassing a cultural dimension. Implementation priorities focus on integrating Green Growth within the planning process and strengthening the legal and institutional framework. Investment guidelines for green projects and a funding entity to facilitate access to international climate finance are in development. VNGGS aims to fulfill these three strategic tasks:

1.       Reducing greenhouse gas emissions and promoting the use of clean and renewable energy. After 2020, the strategy targets an absolute disconnection of greenhouse gas emissions from economic growth, i.e., a diminishment of damages linked to emissions.

2.       Greening production based on: i) Implementation of a clean industrialization strategy via adjusting sector master plans; ii) Development of green industry, agriculture, technologies and equipment; iii) Investment in natural capital; iv) Prevention and treatment of pollution. VNGGS aims to reduce external costs, but it is based on marginal carbon cost-abatement studies, which do not integrate externalities [WB 2014b].

3.       Integrating a greening lifestyle with traditional lifestyles to create quality and traditionally rooted living standards, including the creation of green jobs. New consumption modes should prevent counterbalances created by increased consumption when receiving environmental benefits.

Contact Info

Mr. Nguyen Hoai Nam 

Unit 901, Kham Thien Building, 193-195 Kham Thien, Dong Da District, Hanoi, Vietnam
T:          +84 (24) 3786 8592
F:          +84 (24) 3786 8593
Email:  nam.nguyen@rcee.org.vn

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