E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 6, 2023

Green Credit Development at Vietnam Bank for Agriculture and Rural Development

Author(s): Dao Thi Thu Hoai


To sustainably develop the economy, many countries around the world have been implementing strategies to promote green economy and green growth, in which green credit activities play a very important role in successful implementation. This strategy. In Vietnam, green credit is making positive changes, developing through projects such as renewable energy, wind power, green agriculture, and high-tech agriculture towards the goal of sustainable development. For the banking industry, green credit is considered a unique and meaningful financial tool in controlling the environment of businesses and preventing the uncontrolled development of businesses that cause pollution and danger. Harmful to the environment. In fact, the green credit trend has been developing for a long time in the world with energy saving, renewable energy and clean technology projects aiming at the "dual" goal of economic growth associated with economic growth. Environmental protection. "Greening" credit is one of the top priority actions in the context of climate change taking place globally, especially when Vietnam is considered one of the countries with high levels of pollution. Although it cannot be done in a day, Vietnam must gradually follow the trend of green growth and green credit as an inevitable trend. The article studies the theory and characteristics of green credit, analyzes the current status of green credit activities and proposes solutions to develop green credit at the Vietnam Bank for Agriculture and Rural Development (Agribank) during the current period. Next time.

Keywords: Agribank, Benefit, Green Bank, Green Credit

Pages: 1161-1165

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