TẠP CHÍ ĐIỆN TỬ
Vietnam strengthens partnership with GGGI for green growth
GGGI has already mobilized over $300 million for green investments in Vietnam and is working towards the $1 billion target by 2028.
Prime Minister Pham Minh Chinh has urged the Global Green Growth Institute (GGGI) to enhance cooperation initiatives in Vietnam’s pursuit of sustainable development.
He hosted a reception in Hanoi on April 17 for GGGI Director-General Sang-Hyup Kim, who was in Vietnam to attend the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit.
Welcoming GGGI’s commitment to mobilize an additional $1 billion in green financing for Vietnam during the 2024–2028 period, PM Chinh emphasized Vietnam's dedication to accelerating energy transition, green growth, and sustainable development as key drivers of national progress in the new era.
The Prime Minister expressed appreciation for GGGI’s contributions to global sustainability efforts and its practical cooperation with Vietnamese ministries, agencies, and localities, particularly in mobilizing financial resources for green projects.
He requested GGGI’s support in policy consultancy, legal framework development, green capital mobilization, technology research and transfer, human resources training, and building a comprehensive green ecosystem.
PM Chinh also called on GGGI to provide funding for public sector and public-private partnership projects, strengthen connections with credit organizations and financial institutions to secure green growth capital, and advise on the implementation of green projects to effectively utilize the targeted $1 billion investment.
Director-General Kim praised Vietnam as a founding member and one of GGGI’s strongest partners, highlighting the country’s potential to become a core member of the organization.
He noted that GGGI has already mobilized over $300 million for green investments in Vietnam and is working towards the $1 billion target by 2028.
Mr. Kim also identified opportunities for expanded cooperation, including connecting financial institutions to mobilize green finance, issuing green bonds, supporting startups, and establishing innovation centers to facilitate Vietnam’s green transition.
