Green bet88 con growth reaches 22% annually

The annual average growth of green bet88 con in the 2017-2023 reached over 22%, heard a forum held on July 22 in Ho Chi Minh City to discuss measures to promote green capital and sustainable development for businesses.

Currently, 47 bet88 con institutions are providing green capital with a total outstanding green bet88 con of nearly VND637 trillion ( billion) as of March 31, 2024, accounting for 4.5% of the total outstanding debt of the entire economy.

Participants at the event noted that green bet88 con has become a key factor of the global financial system. Green bet88 con will not only help to deal with environmental challenges but also contribute to economic growth.

The World Bank estimated that Vietnam will need an estimated 8 billion in 2022-2040 for the resilient and decarbonizing pathways and achieve the target of net zero carbon emissions by 2050.

The Ministry of Planning and Investment estimated that Vietnam needs to mobilize additional 4 billion in 2021-2050 to achieve the target of net zero carbon emissions.

The Ministry of Finance is building a master plan on developing the carbon market in Vietnam. Under the plan, Vietnam will start piloting a carbon bet88 con trading floor in 2025 and officially put it into operation from 2028.