Description

The new “National Strategy on Green Growth for the period 2011- 2020, vision to 2050” has been newly approved under Decision No 1658/QĐ-TTg released on 1st October 2021.

The overall goal of the strategy is that green growth contributes to promoting economic restructuring with the innovation of growth models. This serves for the achievement of economic prosperity, environmental sustainability, and social equity towards a green and carbon-neutral economy and contribution to the reduction of global temperature rise.

The specific objectives are (1) reducing greenhouse gas emissions per GDP, (2) greening economic sectors, (3) greening lifestyle & promoting sustainable consumption, and (4) greening transition process based on the principle of equality and inclusiveness and enhancement of resilient capacity.

The strategy orientates on the following major sectors: (1) energy efficiency, (2) organic and modern agriculture, (3) minimization of high emission sectors and promotion of new green manufacturing sectors, (4) sustainable infrastructure in transport, irrigation, energy sector, (5) resilient, sustainable, smart urbanization, (6) new rural development in harmonization with nature, (7) enhancing management of waste and air quality management, (8) promoting green consumption, (8) enhancing management of water resources, land, and biodiversity, and (9) green transition.

This new strategy is valid from 1^st October 2021 and replaces the first National Strategy on Green Growth 2011 – 2020, issued in 2012.

Related articles:
MPI: Prepare to submit National Strategy on Green Growth for 2021 – 2030
Expert: private sector plays important role in green growth development in Vietnam

Sources: Phê duyệt “Chiến lược quốc gia về tăng trưởng xanh giai đoạn 2021-2030, tầm nhìn 2050” at https://vietnamnet.vn and “Quyết định 1658/QĐ-TTg Phê duyệt Chiến lược quốc gia về tăng trưởng xanh giai đoạn 2021-2030, tầm nhìn 2050” at https://thuvienphapluat.vn, accessed 4 October 2021.