AFD looking to develop green financing

The French Development Agency (AFD) is seeking to develop green financing in Vietnam and provide technical support to the State Bank of Vietnam (SBV) and banks in order to fulfill the commitments Vietnam made at COP26 last November to reach net-zero emissions by 2050, according to Mr. Philippe Orliange, Executive Director of the AFD. It will conduct market research this year to assess the ability to provide multi-sectoral credit to a number of banks in the country.