No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam
The Twenty-sixth United Nations Climate Change Conference (COP26) was held in early November 2021 in Glasgow, Scotland, at which Vietnam’s Prime Minister, Phạm Minh Chính, pledged once again that Vietnam would be part of the global climate change s...
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World Bank, Hanoi
2022
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| Online Access: | http://documents.worldbank.org/curated/undefined/185721641998618600/No-Time-to-Waste-The-Challenges-and-Opportunities-of-Cleaner-Trade-for-Vietnam http://hdl.handle.net/10986/36819 |
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okr-10986-368192022-01-14T05:10:38Z No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS EXPORTS CLIMATE CHANGE CARBON EMISSIONS ENVIRONMENTAL DAMAGE MITIGATION GREEN TRADE CLEAN TRADE NON-TARIFF MEASURES COMPARATIVE ADVANTAGE The Twenty-sixth United Nations Climate Change Conference (COP26) was held in early November 2021 in Glasgow, Scotland, at which Vietnam’s Prime Minister, Phạm Minh Chính, pledged once again that Vietnam would be part of the global climate change solution. The country aims to increase the share of clean energy in its total primary energy supply to at least 20 percent by 2030 and 30 percent by 2045 and has pledged to phase out coal-fueled power generation and made a commitment to reach net zero emissions by 2050. Trade can be a central part of the solution to climate change Vietnam is experiencing and will have to deal with in years to come. Green trade or cleaner trade, trade in environmental or environmentally friendly goods can help Vietnam achieve not only its climate commitments but also its development ambition to become a high-income economy by 2045 as set out in the 2021–2030 Social Economic Development Strategy (SEDS). This edition of Taking Stock reviews the recent developments in the Vietnamese economy and discusses the economy’s short- to medium-term prospects, highlighting domestic and external risks associated to the COVID-19 pandemic. The second part of the report elaborates on how Vietnam can harness the impacts of climate change on its trade sector, address challenges and take advantage of new opportunities 2022-01-13T15:48:08Z 2022-01-13T15:48:08Z 2022-01-12 Report http://documents.worldbank.org/curated/undefined/185721641998618600/No-Time-to-Waste-The-Challenges-and-Opportunities-of-Cleaner-Trade-for-Vietnam http://hdl.handle.net/10986/36819 English Taking Stock; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Hanoi Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Vietnam |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS EXPORTS CLIMATE CHANGE CARBON EMISSIONS ENVIRONMENTAL DAMAGE MITIGATION GREEN TRADE CLEAN TRADE NON-TARIFF MEASURES COMPARATIVE ADVANTAGE |
| spellingShingle |
ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS EXPORTS CLIMATE CHANGE CARBON EMISSIONS ENVIRONMENTAL DAMAGE MITIGATION GREEN TRADE CLEAN TRADE NON-TARIFF MEASURES COMPARATIVE ADVANTAGE World Bank No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| geographic_facet |
East Asia and Pacific Vietnam |
| relation |
Taking Stock; |
| description |
The Twenty-sixth United Nations
Climate Change Conference (COP26) was held in early November
2021 in Glasgow, Scotland, at which Vietnam’s Prime
Minister, Phạm Minh Chính, pledged once again that Vietnam
would be part of the global climate change solution. The
country aims to increase the share of clean energy in its
total primary energy supply to at least 20 percent by 2030
and 30 percent by 2045 and has pledged to phase out
coal-fueled power generation and made a commitment to reach
net zero emissions by 2050. Trade can be a central part of
the solution to climate change Vietnam is experiencing and
will have to deal with in years to come. Green trade or
cleaner trade, trade in environmental or environmentally
friendly goods can help Vietnam achieve not only its climate
commitments but also its development ambition to become a
high-income economy by 2045 as set out in the 2021–2030
Social Economic Development Strategy (SEDS). This edition of
Taking Stock reviews the recent developments in the
Vietnamese economy and discusses the economy’s short- to
medium-term prospects, highlighting domestic and external
risks associated to the COVID-19 pandemic. The second part
of the report elaborates on how Vietnam can harness the
impacts of climate change on its trade sector, address
challenges and take advantage of new opportunities |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| title_short |
No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| title_full |
No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| title_fullStr |
No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| title_full_unstemmed |
No Time to Waste : The Challenges and Opportunities of Cleaner Trade for Vietnam |
| title_sort |
no time to waste : the challenges and opportunities of cleaner trade for vietnam |
| publisher |
World Bank, Hanoi |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/undefined/185721641998618600/No-Time-to-Waste-The-Challenges-and-Opportunities-of-Cleaner-Trade-for-Vietnam http://hdl.handle.net/10986/36819 |
| _version_ |
1764485959537131520 |