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green financing
Update news green financing
UK pledges additional funds for CFA programme in Vietnam
The UK Government has announced an additional GBP40 million (US$54 million) to extend the Climate Finance Accelerator (CFA) programme for another five years till 2029 to support at least 800 low carbon projects in 16 countries, including Vietnam.
VN needs to improve regulatory framework to increase green financing
At COP26 in November 2021, VN announced the target to achieve net-zero emissions by 2050, phase out coal power by 2040, and reduce methane emissions by 30 per cent from 2020 levels by 2030.
Euro banks offering green solutions
European financial institutions are displaying their optimism about Vietnam’s sustainability path by fostering green financing alternatives, thus empowering the country to fulfil its net-zero carbon emission promise by 2050.
