The Vietnam Green Growth Strategy requests ministries, sectors and localities to proactively build their own action plans on green growth (Photo: VNA) Hanoi (VNA) – A conference was opened in Hanoion December 11 to make a mid-term review on the implementation of the VietnamGreen Growth Strategy in the northern region.
The two-day event was organised by the Ministryof Planning and Investment (MPI), the Macroeconomic Reforms/Green GrowthProgramme – part of Vietnam-Germany development cooperation, and the GlobalGreen Growth Institute (GGGI).
Jin Young Kim, director for the GGGI’sAsia-Pacific, said Vietnam has made great strides since it issued the ambitiousnational strategy. Successful outcomes and creative solutions to overcome manychallenges over the last period will help augment efforts to carry out thestrategy in the time ahead.
The Vietnam Green Growth Strategy, approved inSeptember 2012, requests ministries, sectors and localities to proactivelybuild their own action plans on green growth. The MPI was assigned tocoordinate with other ministries, sectors and localities to implement actionplans.
More than 30 provinces and eight ministries haveissued their respective action plans on green growth while some localities areworking to devise their plans.
Le Duc Chung, a specialist on the strategy implementation,said the northern region has the lowest rate of localities issuing green growthaction plans. Most of the issued plans have been implemented. However, data ongreenhouse gas emissions have not been collected, resulting in green growthpotential, priority actions and plan implementation costs not clarified.
Aside from advantages, localities have alsofaced a number of difficulties and challenges in realising the Vietnam GreenGrowth Strategy through their action plans. Particularly, green growth requiresbig funding, about 30 billion USD, 70 percent of which is expected to becovered by the private sector and the remaining 30 percent by state budget.
While public investment is limited, a shortageof policies that are attractive enough to lure financial funding, asynchronouspolicies, and limited capacity and experience have also hampered action planimplementation.
Dr Nguyen Thi Diem Hang from the Hanoi Institutefor Socio-Economic Development Studies said ministries should provide guidanceon a framework for building green growth action plans and on the use of statebudget. They also need to issue an official model for greenhouse gas emissioncalculation and set emission targets for localities.-VNA
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