Thẻ: Biến đổi khí hậu – Climate change

Economics: Support low-carbon investment

~ Đào Thu Hằng ~ Bình luận về bài viết này

Government policies are the sticking points. Carbon pricing, favourable tax regimes and rebalancing of subsidies will encourage demand for low-carbon capital. Supply will be increased by government support for research and development and improved financial policies. Countries that understand these dynamics will benefit from more private financing and clean growth, as are Vietnam and Germany now. Those that do not will be left squeezing the last remnants of value out of waning industries.

Nature.com – Private finance can drive the energy transformation needed to meet global emissions goals — if backed by the right policies, says Nathan Fabian.

Illustration by Derek Bacon

Markets and governments are converging to address climate change. As scientific evidence and government actions strengthen, investors and financiers are reducing the exposure of their portfolios to risks from rising greenhouse-gas emissions. They are allocating more capital to low-carbon activities and less to carbon-intensive industries1. Tiếp tục đọc “Economics: Support low-carbon investment” →

Climate or the Economy? Vietnam´s Attempts to Balance Growth and the Environment

~ Đào Thu Hằng ~ Bình luận về bài viết này

By Rabea Brauer | Vu Dang Tuan

Although Vietnam has very comprehensive frameworks for its climate and energy policy, there are justified doubts about the practicability of the strategy and its compatibility with economic development. This is reflected in the current climate and energy policy. Right now, it is impossible to consistently pursue the goal of balancing an effective climate policy with a low-carbon economy. This is because the goal is at odds with current developments in Vietnam’s energy sector. Germany Trade & Invest says that, in contrast to Germany’s energy policy, Vietnam has made the construction of coal-fired power plants a top priority, and this despite the fact that the country has considerable potential when it comes to renewable energies
(hydropower, biomass, nuclear energy).

CLIMATE OR THE ECONOMY? VIETNAM’S ATTEMPTS TO BALANCE GROWTH AND THE ENVIRONMENT

How do you achieve harmony between economic prosperity and a decisive climate policy? Governments all over the world are facing this dilemma and trying to tackle the serious challenges presented by the reciprocal relationship between economic policy and climate policy. Tiếp tục đọc “Climate or the Economy? Vietnam´s Attempts to Balance Growth and the Environment” →