The statement was made at the forum named “ Sustainable Finance" organized by Vietnam Banking Association” yesterday.
Moreover, the representative of IFC added that of the total $753 billion, $59 billion will be poured into recyclable energy projects.
General Secretary of the Association Nguyen Toan Thang said that financial institutions need to implement international practices to manage environment-relating risks.
International experts also said that to enhance green growth strategies and call for investment into weather-related projects at the onset of increasing climate changes in the Southeast Asian nation, a long-term coherent policy is needed to access to capital sources for private sector’s green growth.