Financial incentives and encouragement to invest in green projects

Financial incentives and encouragement to invest in green projects
Science beats

Financial incentives and encouragement to invest in green projects

Lam Thanh December 10, 2024 08:50

Print Directive No.

Recently, despite multi-dimensional challenges, Vietnam’s green growth process has achieved many important results, which have contributed positively to the overall growth of the economy.

Some goals, tasks and solutions for green growth are not immediately integrated into socio-economic development plans and public investment plans, resulting in a lack of synchronization and a lack of resources for implementation in local ministries and branches.

Print Directive No.

In addition, it is necessary to accelerate the implementation of programs, projects and pilot projects of new models related to green growth;

The Prime Minister requested to build a mechanism to monitor, evaluate and report on the implementation of the green growth strategy;

Financial incentives and encouragement to invest in green projects
The Prime Minister requested incentives for green projects

In addition, it is necessary to advocate and mobilize all resources for green growth;

The Prime Minister also requested to develop and complete preferential financial policy to encourage investment in green projects;

It is especially necessary to restructure and upgrade industries based on innovation and application of science and technology;

In addition, mechanisms and policies on carbon credit exchange and offsetting need to be improved;

The Ministry of Construction builds and perfects institutions, policies and tools for monitoring and evaluating green, smart urban development, climate change adaptation, green construction, public infrastructure and other related projects.

The Prime Minister also assigned to complete agricultural and rural infrastructure to adapt to climate change, focusing on irrigation and clean water projects to serve the restructuring of the agricultural sector and build new rural areas;

The directive also states the need to complete a comprehensive national list of clean technologies, advanced technologies, high technologies and low carbon emissions in manufacturing industries;

In addition, it is necessary to improve policy mechanisms to encourage the use of green transport and green energy (including hydrogen fuel for vehicles, equipment and green transport infrastructure).

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