Vietnamese companies lack a green taxonomy and fail to understand policies and mechanisms, experts say.
HO CHI MINH CITY: Companies are still struggling to get “green” credit since they lack a green taxonomy and fail to understand policies and mechanisms, experts have told the Global Climate Partnership Workshop in Ho Chi Minh City.
Green credit provides funding for manufacturing and business activities that have little or no impact on the environment, and green taxonomy is a classification system highlighting whether or not investment options are sustainable.
