Vietnam: Green finance promotes sustainable growth in country

Capital flows into green growth projects are still quite positive despite the adverse impacts of the pandemic in Vietnam. - Vietnam News/ANN

HANOI, Sept 25 (Vietnam News/ANN): Due to the adverse impacts of climate change, green growth financing projects play a very important role for the sustainable development of Vietnam, experts have said.

According to the World Bank, Vietnam is one of the five countries most likely to be affected by climate change because most of the population lives in low-lying coastal areas. It is estimated that climate change will reduce the country's national income by up to 3.5% by 2050, Vietnam News Agency reported.