A workshop discussing international experience in green finance and banking took place in Hanoi on June 25.

Jointly organised by the German Society for International Cooperation(GIZ) and the State Bank of Vietnam (SBV), the workshop is part of themacroeconomic reform programme conducted by GIZ in Vietnam.
 
At the workshop, foreign participants shared their experiences in greenfinance and environmental tax in reforming financial policy. They alsointroduced green credit limits in developed countries.

Vietnamese delegates analysed the relationship between green growthstrategy and green finance, environmental tax related issues,environmental risks in bank credit and stock listing.

NguyenKim Anh, a representative from SBV underlined the significant role ofgreen finance and banking for emerging countries like Vietnam.

He said the country’s ministries and sectors need to work together tocreate a balance between the benefits of environmental protection andeconomic growth.

In September last year, the VietnameseGovernment approved the National Green Growth Strategy for the 2011-2020period, with a vision to 2050.

The programme, along with theNational Climate Change Prevention Programme, not only contributes toprotecting the environment and reducing gas emissions , increasingenergy use efficiency, creating jobs and improving quality of life, butalso helps the sustainable development of Vietnam’s economy.-VNA