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Sustainable finance in the context of globalization against climate change
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Vietnam has made significant progress in its energy sector with widespread electrification and a diverse energy mix dominated by hydropower, gas, and coal. However, to sustain these achievements and meet climate targets, substantial investments, especially in renewables, are needed. Failing to do so will increase reliance on imported coal, with negative environmental, health, and economic impacts. Recommendations include fostering private investment and strengthening the domestic financial market to support the energy sector’s funding needs.
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