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Vietnam Firms Back Emissions Cuts but Show Limited Appetite for Carbon Costs
Climate & EnergyDevdiscourse03 Jun, 04:24 pmAtlasHour
Climate & Energy

Vietnam Firms Back Emissions Cuts but Show Limited Appetite for Carbon Costs

A World Bank-led study finds that while more than 84% of Vietnamese firms support reducing greenhouse gas emissions, most are unwilling to invest heavily in mitigation due to financial constraints, preferring energy efficiency and fuel-switching over carbon taxes. The findings suggest that Vietnam’s climate goals will require not only carbon pricing but also strong financial incentives, green financing, and regulatory certainty to mobilize private-sector investment.

Source-linkedAtlasHour DeskDevdiscourse03 Jun, 04:24 pm

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A World Bank-led study finds that while more than 84% of Vietnamese firms support reducing greenhouse gas emissions, most are unwilling to invest heavily in mitigation due to financial constraints, preferring energy efficiency and fuel-switching over carbon taxes.

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