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” →