Vietnam is increasingly seeing its development affected by climate change and now faces critical questions about how to respond. The Vietnam Country Climate and Development Report proposes that Vietnam shift its development paradigm by incorporating two critical pathways – resilient pathway and decarbonizing pathway – that will help the country balance its development goals with increasing climate risks.
After more than two decades of steady growth, Vietnam has set an ambitious goal of reaching high-income status by 2045. It has been recognized in the 2021-2030 Socioeconomic Development Strategy that the country’s economic transformation will greatly depend on better management of natural capital – the extensive stocks of agricultural, forest, and mineral resources that have helped drive development.
Yet Vietnam, with over 3,200 km of coastline and many low-lying cities and river delta regions, is one of the most vulnerable countries in the world to climate change. Climate change impacts – mainly higher and more variable temperatures and sea level rise – are already disrupting economic activity and undermining growth. Initial calculations suggest that Vietnam lost $10 billion in 2020, or 3.2 percent of GDP, to climate change impacts.
Tiếp tục đọc “Country Climate and Development Report for Vietnam”
CVD 