Determining the central field of green credit, issuing green bonds

Phạm Đông |

On April 14, at the Government Headquarters, Member of the Party Central Committee, Deputy Prime Minister Tran Hong Ha chaired the meeting with ministries and branches to give opinions on important contents in the draft decision of the Prime Minister on environmental criteria; Confirmation for projects granted green credit, issuing green bonds.

It is expected that there will be 45 types of investment projects in 7 areas confirmed to meet the environmental criteria to grant green credit, issuing green bonds: Energy (10); Transport (3); Construction (2); Water resources (3); agriculture, forestry, fisheries and biodiversity conservation (12); processing and manufacturing industry (6); Environmental services (9).

The Deputy Prime Minister said that the regulations in the decision should consider the approach from the top down, experience from the bottom up, in harmony with the international standards and standards, ensuring the competitiveness and participation of Vietnamese goods in the world market.

"We need to identify the economic fields that need attention, key environmental criteria, simple, clear and measured methods when appraising and certifying" - Deputy Prime Minister said.

The Government leader emphasized that the issuance of the decision not only handles environmental pollution but also converts green and converts to the circulating economy in the country; increase the competitiveness and integration of Vietnamese goods in the international market; Contribute to preventing environmentally friendly projects.

The Deputy Prime Minister said that the scope of regulation and subjects applied in the decision need to expand and supplement the projects that are operating and improving and transforming into greener and cleaner technology. State agencies and organizations appraise the environmental impact assessment report (EIA) may certify the project to meet the environmental criteria that are granted green credit, issuing green bonds if the investor has requirements with higher standards and technical standards than the current level. The confirmation document can be considered as a condition, based on priority to attract investment.

The requirements and technical criteria need to refer to the standards and standards in large countries and export markets of Vietnamese goods or have a higher level of development.

The Ministry of Agriculture and Environment coordinates with the ministries and branches to review and select the fields and types of projects to avoid duplication and concretize the division and branches of the fields; clearly define the process and content of confirmation in order to clearly clearly confirm the responsibility of the agency to confirm independence; Building a database of green projects that are confirmed and publicly announced, updated, connected and connected.

We need to design and open regulations on the confirmation of green projects enjoying policies and incentives on green credit, issuing green bonds for the fields and types of new projects in the future, unlimited what has been, there is, but need to learn good experiences.

Speaking at the meeting, the Minister of Agriculture and Environment Do Duc Duy said that the Prime Minister's decision in order to concretize the provisions of the Law on Environmental Protection on Green Credit and Green Bonds for projects in the field of environmental protection, environmental benefits; At the same time, supplementing criteria for green production projects at the request of export markets.

At the meeting, leaders of ministries: Finance, Justice ... discussed a number of specific contents on the requirements of an independent confirmation organization that must register for operation in Vietnam or have branches operating in Vietnam; scope of adjustment, subjects apply; Mechanism of updating project categories. Some discussions on technical requirements of standards and standards are available for green projects; The process and content of the written confirmation must be clear and clearly responsible for the agency to confirm independence ...

Phạm Đông
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