Vietnam needs roughly 368 billion USD to develop climate-resilient, low-carbon economy: WB

Vietnam needs to invest approximately 368 billion USD from now until 2040 to build a climate resilient and low-carbon economy, according to the Vietnam Country Climate and Development Report (CCDR) released by the World Bank on July 13.

According to the report, a series of urgent and impact interventions should be focused on, including a coordinated regional programme for the Mekong Delta, an integrated coastal resilience investment programme for urban centres and connecting infrastructure, a targeted air pollution reduction programme for Hanoi, accelerated clean energy transition, and a new social contract to protect vulnerable people.

Keep reading…