Issue: Số 25 - Tháng 9 - 2026Tài chính - Ngân hàng - Bảo hiểm
Developing green finance to promote the green economy: International experience and recommendations
Published: October 3, 2026
Abstract
Amid climate change, resource depletion, and growing demands for sustainable development, green finance plays an important role in mobilizing and allocating resources for green growth, energy transition, and emissions reduction. In Vietnam, the commitment to achieving net-zero emissions by 2050, together with strategies for green growth, climate change response, the circular economy, and energy transition, places increasing demands on the financial system to provide capital and manage transition-related risks. This study analyzes international trends in green finance development, focusing on the experiences of China, Singapore, and Thailand. It also assesses Vietnam’s legal framework, current progress, and limitations in green finance development. On this basis, the study proposes solutions to improve the institutional framework, diversify financial instruments, strengthen private capital mobilization, develop green data systems, and enhance the capacity of market participants.
Keywords
green financegreen economytransition financeESGsustainable development
References
1.
Anh Minh. (2026). Tín dụng xanh tăng tốc, hướng tới tăng trưởng bền vững. https://baochinhphu.vn/tin-dung-xanh-tang-toc-huong-toi-tang-truong-ben-vung-102260609195721804.htm
2.
Thủ tướng Chính phủ. (2021). Quyết định số 1658/QĐ-TTg phê duyệt Chiến lược quốc gia về tăng trưởng xanh giai đoạn 2021-2030, tầm nhìn đến năm 2050.
3.
Thủ tướng Chính phủ. (2022). Quyết định số 687/QĐ-TTg phê duyệt Đề án phát triển kinh tế tuần hoàn ở Việt Nam.
4.
Thủ tướng Chính phủ. (2022). Quyết định số 882/QĐ-TTg ngày 22/7/2022 phê duyệt Kế hoạch hành động quốc gia về tăng trưởng xanh giai đoạn 2021-2030.
5.
Thủ tướng Chính phủ. (2022). Quyết định số 896/QĐ-TTg ngày 26/7/2022 phê duyệt Chiến lược quốc gia về biến đổi khí hậu đến năm 2050.
6.
Bank of Thailand & Thailand Taxonomy Board. (2023). Thailand Taxonomy Phase I.
7.
Lindenberg, N. (2014). Definition of Green Finance. German Development Institute.
8.
Monetary Authority of Singapore. (2020). Environmental Risk Management Guidelines.
9.
Monetary Authority of Singapore. (2023). Finance for Net Zero Action Plan.
10.
OECD. (2017). Green Finance and Investment: Mobilising Investment in Low-Carbon, Climate-Resilient Infrastructure.
11.
OECD. (2022). OECD Guidance on Transition Finance: Ensuring Credibility of Corporate Climate Transition Plans. OECD Publishing, Paris.
12.
OECD. (2023). Scaling Up Blended Finance for Climate and Sustainable Development.
13.
People’s Bank of China, Ministry of Finance, National Development and Reform Commission, Ministry of Environmental Protection, China Banking Regulatory Commission, China Securities Regulatory Commission, & China Insurance Regulatory Commission. (2016). Guidelines for establishing the green financial system.
14.
People’s Bank of China, National Development and Reform Commission & China Securities Regulatory Commission. (2021). Green Bond Endorsed Project Catalogue (2021 Edition).
15.
Singapore Government. (2021), Singapore Green Plan 2030.
16.
Thailand Greenhouse Gas Management Organization. (2024). Thailand Voluntary Emission Reduction Program (T-VER).
17.
Thailand Taxonomy Board. (2024). Thailand Taxonomy Phase II.
18.
United Nations Environment Programme Finance Initiative. (2023). Nature Positive Transition: Guidance for Financial Institutions.
