Wind turbines in a coastal area of the Mekong Delta province of Soc Trang (Photo: VNA) In particular,it needs to be realised by taking green transition solutions based on science,technology, and innovation, he told a recent conference.
The official notedthat Vietnam views green growth as a long-term choice to ensure the harmonybetween greenhouse gas emission reduction and economic growth.
To the country, green growth towardseconomic prosperity, environmental sustainability, and social equality is notonly an inevitable choice but also a chance to become a pioneer in the region,catch up with the world’s development trend, and realise its commitmentto achieve net-zero emissions by 2050, Dung added.
Thenational green growth strategy for 2021 - 2030, with a vision to 2050, targetsVietnam’s green economy reaching 300 billion USD by 2050, from 6.7 billion USDin 2020.
It identifiesgreen growth as an important solution to promote economic restructuring and growthmodel reform, enhance the economy’s competitiveness and resilience to externalshocks, and directly help reduce greenhouse gas emissions towards acarbon-neutral economy in the long run.
Besides,green growth must centre on people; be based on modern regulations and governance,science and advanced technology, and high-quality human resources; while creatingmomentum for private investors to play an increasingly crucial role in thegreen economy, the official added.
Green growthhas been creating numerous opportunities for the economy. The wind power andsolar power sector alone is capable of contributing 70 - 80 billion USD tothe gross domestic product (GDP) and generating 90,000 - 105,000 direct jobs.
When meetingdomestic demand, a clean hydrogen ecosystem based on renewable energy cancontribute 40 - 45 billion USD to GDP annually and provide some 40,000 - 50,000jobs. Clean hydrogen also holds potential to become an export to developedcounties./.
VNA
