National Green Growth Strategy 2021-2030

Laws and Policies

CCLW

CCLW national policies

Decision Approving the National Green Growth Strategy

National Green Growth Strategy

Decision Approving the Cooperation Program for Climate Change and Green Growth in the 2016-2020 Period

Decision Introducing the Natural Resources and Environment Action Program for Implementation of the National Green Growth Strategy

2021-2030 strategy approved

Approved

Law passed

This document was implemented through Decision 1393/QD-TTg. Green growth is a means to achieve a low carbon economy and to enrich Vietnam's natural capital through sustainable development. It notes that GHG emissions and removals are gradually becoming essential indicators in social-economic development, and attempts to normalise this within Vietnam's development framework.  The central pillars of the programme are - Low Carbon Growth - Greening of Production - Greening of Lifestyles  The strategy includes the development of tax incentives for high-technology, scientific research and technology development firms in the environment sector. They will pay 10% tax, a discount against the baseline 25% tax rate, for the first 15 years of operation.  Further incentives come from import tax exemptions to encourage the import and use of technology related to environmental monitoring, analysis and the development of clean energy. In addition, taxation will be increased on water exploitation, from 1% to 3% for the exploitation of surface water, and 3% to 8% for the exploitation of groundwater.  The strategy contains numerous targets. For 2020: - GDP per capita doubled compared to 2010 - Reduce energy consumption per unit of GDP by 1.5-2% per year - Reduce intensity of GHG emissions per unit of GDP by 8-10% or double the target with international support For 2030: - Reduce total GHG emissions by at least 1% per year without and 2% with international support. - Environmental degradation is addressed and natural capital stocks are to be improved while access to and use of clean and green technology is significantly enhanced. For 2050: - Vietnam has mainstreamed Green Economic Development.The PM Decision No.403/2014 approved the  National Action Plan on Green growth in Vietnam for the Period of 2014-2020.  Green Growth Action Plan in Vietnam is composed of 4 main themes, 12 groups of activities and 66 specific activities. The four main themes are: 1) to set up institutions and formulate green growth action plans at the local level; 2) to reduce the intensity of GHG emissions and promote the use of clean and renewable sources of energy: 3) greening the production; 4) greening lifestyle and promoting sustainable consumption.The PM Decision No. 965/2015 introduces the natural resources and environment action program for the implementation of the national green growth strategy for the period 2015-2020 with vision to 2030. The objectives of the program are the following: 1) to implement the objectives set out in the national green growth strategy, assist the restructuration and improvement of economic institutions to reach the goal of greening the existing industries; 2) to make a contribution towards the objective of reducing GHG emissions and respond to climate changes; 3) to prevent and eliminate the increasing tendency for environmental pollution, natural resources degradation and biodiversity decline. The PM Decision No.1670/2017 approves the Program on Response to Climate Change and Green Growth for the 2016-2020 period. The objectives of the program are the following: 1) to set out solutions to adapt to the impacts of climate change and mitigation of GHG emissions; 2) to restructure and perfect economic institutions to be able to greening existing sectors; 3) to implement the National Strategy on Climate Change, the National Strategy on Green Growth; etc. 

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

Actions or measures to adapt terrestrial systems to climate change.

Aligning the skills of the workforce with the requirements of the just transition.

This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

A ban is a legal action that prevents the sale or supply of a product or service, or that recalls a product from the market. Examples are bans on SF6, greenwashing, fossil fuel advertisement or single-use plastics.

Activities involving the catching, processing, and selling of fish for food, recreation, and industry.

Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

A tax advantage is an economic benefit applied to certain accounts or investments that are, by law, tax-reduced, tax-deferred, or tax-free. This can apply to investments in areas such as green energy projects or the agricultural sector, where tax advantages can help manage financial risks.

Air pollution involves harmful contaminants in the air, affecting both indoor and outdoor environments. It can lead to health issues like respiratory diseases and heart problems, and climate impacts such as global warming. Pollutants can damage plants, trees, habitats, and water bodies like rivers and lakes.

Activities that provide lodging, food, and entertainment services to guests, including hotels, restaurants, and resorts.

Financial support to help individuals manage the effects of unexpected events, securing their livelihoods and increasing the resilience of people and businesses to the changing climate. It’s especially vital in developing regions where everyday risks, climate-related weather extremes, or crop failures can push people into poverty. Without insurance, people may have to resort to selling assets or cutting consumption to cope with losses.

Activities that relate to the production of goods and services from forests.

Actions or measures to adapt freshwater systems to climate change.

This sector involves managing waste treatment, sanitation, pollution control and environmental cleanup.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

This sector involves the distribution, treatment, and conservation of water resources.

Conditions that enhance the feasibility of adaptation options. Enabling conditions include finance, technological innovation, strengthening policy instruments, institutional capacity, multi-level governance and changes in human behaviour and lifestyles.

Climate change impacts our society by disrupting the natural, economic and social systems we depend on. Physical hazards and underlying vulnerabilities can lead to increased resource competition for food and water, which can heighten the risk of conflict.

This sector provides communication services, software development, and IT solutions.

Jobs that contribute to preserving or restoring the environment. We include jobs which require a high amount of green skills or which spend much of their time on green activities, as well as jobs transforming polluting industries.

woman and genders outside of the gender binary

People whose health, both mental and physical, makes them more vulnerable to the effects of climate change

This sector involves activities to move goods and people, alongside the storage of products.

This sector involves the wholesale and retail selling of goods.

Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts.

People with different national or cultural traditions from the dominant population

Direct investments by the governments using public funds. This can be to support climate initiatives or integrate climate into other projects.

The activities of industries that transforms raw materials into finished goods through industrial processes.

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

This sector creates and distributes information and entertainment through television, radio, print, and digital platforms.

The release of heat-trapping gases, primarily from human activities such as burning fossil fuels, agriculture and industry.

Slow onset events evolve gradually from incremental changes over many years or from increased frequency or intensity of recurring events. As defined in the Cancun Adaptation Framework (2010), slow onset events include risks and impacts from rising temperatures, desertification, biodiversity loss, land and forest degradation, glacial retreat, ocean acidification, sea level rise, and salinization.

Climate change can have a range of impacts on technological system. Extreme weather events can cause infrastructure failures like power outages or damage to roads and bridges, as well as the impacts from waste following natural disasters. Human activities also cause technological impacts, such as the risks posed by oil spillage and leaks.

Risks to the ecosystem health of the marine environment, including ocean warming, ocean acidification, and ocean deoxygenation, harming biodiversity, species health, ecosystem services, and coastal community livelihoods.

A target to reduce the prevalence of a greenhouse gas over a specific time frame

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

Coal is a combustible sedimentary rock formed from carbonised plant matter, rich in carbon and hydrocarbons, and occurring in several main types including hard coal and brown coal.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Kinetic energy of airflow transformed into useful energy, mostly electrical energy.

Compulsory, required payments to the government that are levied more-or-less in proportion to the services provided. Fees and charges range from entrance fees to national parks, charges on land-based sewage discharge.

A loan is a policy instrument where funds are provided to a borrower with the expectation of repaying the principal plus interest.

Actions or measures to adapt freshwater, coastal and marine systems to climate change.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

Extreme weather refers to events where a weather variable exceeds (or falls below) a threshold. Meaning it is significantly different from the average or usual weather pattern.

This sector involves activities that impart knowledge and skills to individuals, including formal schooling, vocational training and educational support.

National Green Growth Strategy 2021-2030

Target

Policy instrument

Risk

Impacted group

Just transition

Renewable energy

Fossil fuel

Greenhouse gas

Economic sector

Adaptation/resilience

Finance