UK, ADB set up US$134-million fund to help catalyze green financing in Southeast Asia
The fund will be part of the ASEAN Green Recovery Platform launched at COP26.
The fund will be part of the ASEAN Green Recovery Platform launched at COP26.
The EU stands ready to support Vietnam’s realization of its commitments at the COP26, including the formation of the carbon market.
With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.
HSBC Vietnam will mobilize funds from local and international financial markets to provide a wide range of sustainable solutions in green finance, debt finance, supply chain, trade, green deposits, and investment products.
Over the past few decades, the energy sector has played a fundamental role in driving Vietnam's rapid and inclusive economic growth.
Sustainable development should not be seen as the responsibility of large-scale businesses, but also small and medium enterprises, Deputy Prime Minister Vu Duc Dam has said.
The signing of a series of agreements in various fields shows the strong growing Vietnam-UK relations.