The conference, which took place in Da Nang City on 8 July 2023, provided a forum for experts, corporations and businesses to discuss and share information about green financing development and green economy to respond to climate change.
Attending the conference were Mr. Le Cong Thanh - Deputy Minister of Natural Resources and Environment (MONRE), Mr. Tang The Cuong - Director of the MONRE Department of Climate Change, Mr. Phan Duc Tu - Chairman of the Board of Directors, BIDV, Mr. Le Ngoc Lam, CEO, BIDV. Speakers from Deloitte as well as chairmen, CEOs of leading corporations and enterprises in Vietnam were also in attendance.
According to reports at the conference, the world has entered a new era. Knowledge economy, green economy and circular economy have been a new development trend of many countries. Given the climate change and the new global context, environmental protection and response to climate change in Vietnam must move to a new stage, which should be placed at the center, towards implementing the global goals effectively, substantively and transparently to promote the green economy, circular economy.
Reaching “net zero” emissions by 2050 is the inevitable development goal of the world, and will be realized mainly through strong energy transition and low emission development. This is also a new "rule of the game" on global trade and investment that has been established since COP26. Therefore, reducing greenhouse gas emissions, energy transition from fossil fuels to clean and renewable energy is an opportunity to promote economic restructuring towards sustainability, to improve the competitiveness of the economy and to take advantage of opportunities for trade and investment cooperation for development. In order to realize the commitment of net zero by 2050 of the Government of Vietnam at COP26, relevant ministries and agencies in Vietnam have been developing and finalizing policies to promote and support investment, business and trade activities towards the above goal.
The information presented and discussed at the conference has clarified the importance of changing the green and sustainable mindset in businesses; supporting the development of business orientation of businesses in the time to come. From there, businesses will have an appropriate direction to join hands to promote the green and sustainable economy in Vietnam and more broadly in the region and the world.