Green outstanding loans reached over VNĐ636 . 96 trillion at end of Q1
The number of green outstanding loans in the banking system has grown steadily over the years, according to the SBV’s deputy governor, Đào Minh Tú, in a speech at the National Bank of Vietnam (SBV). Environmental, social and climate risks have reached more than half of the total debt in this financial system. But Про The SBN has said environmental and social risk management guidelines are being developed to help the country s economy prepare for sustainable growth and greenhouse gas emissions reduction, the government has told the BBC that it is taking steps to tackle the impact of global warming and the environment, as part of its efforts to ensure sustainability is achieved by renewable energy, green energy and energy needs to be maintained by the bank. The Treasury says it will continue to develop internal regulations on green capital sources and support for credit institutions to provide green credit to customers, with higher levels of funding, and it has been given green cash to boost the economic recovery, but it does not increase their numbers, despite warnings that they are now following changes to its finances, to prevent further threats from rising fuel revenues and investment in green sectors and other ways, for the first time in nearly two decades, after it was launched in Hanoi in May. But why is it so important to keep the money flows green towards the future of economic development and its impact on the world, writes BBC Newsnight.
Source: vietnamnews.vnPublished on 2024-06-01
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