Green transition requires huge investment in infrastructure
Green transition in Vietnam would require new investments in at least 60% of the country’s infrastructure, according to PwC.
According to PwC’s Global Investor Survey, investors have become more sustainability-aware as they have incorporated ESG (environment, social, and governance) standards into their investment decisions. Governments and financial institutions have tightened their cooperations to push for more environmentally-friendly portfolios, which would contribute to the target of limiting global warming to 1.5 degrees Celsius set by the Intergovernmental Panel on Climate Change (IPCC).
