[Video] Viet Nam to allocate at least 2% of annual state budget for environmental protection
Between 2026 and 2030, the state budget will allocate at least 2% of annual expenditure to environmental protection, while mobilising social resources, green finance and international capital to drive green transformation and climate action.
A study conducted by the Institute for Policy and Strategy Studies (IPSS) in collaboration with the United Nations Development Programme (UNDP) in Viet Nam has found that a 10% improvement in the country's energy efficiency could increase GDP by around 1%.