Legal framework for the green economy: Towards reducing carbon emissions
Abstract:
During the period 2018 - 2023, Vietnam has witnessed a close correlation between economic growth, expressed through GDP, and carbon emissions (CO2), posing many challenges and opportunities in the journey towards Sustainable Development. Although Vietnam’s economy has achieved impressive growth, the question of the dark side of growth - rising CO2 emissions - is also seriously concerned. The current state of green economic development during this period reflects Vietnam’s efforts in balancing economic development and environmental protection. However, the transition to a green economic model still faces many challenges, from infrastructure, technology to people’s and businesses’ awareness. Carbon emissions in Vietnam during this period also recorded a significant increase, reflecting that lifestyles and development models are not truly sustainable. This further emphasizes the importance of implementing solutions to minimize environmental impacts while developing the economy in a sustainable way. The relationship between green economic development and carbon emissions shows that converting to a green economic model not only reduces emissions, but also brings long-term economic benefits through savings. energy, reducing production costs and increasing competition. To promote green economic development and reduce carbon emissions in Vietnam, a combination of solutions from government, businesses and the community is needed. Solutions include: increased use of clean energy, development of green technology, improved energy efficiency, and increased environmental awareness. This requires a strong and synchronized strategy from all stakeholders to create a green and sustainable future for Vietnam.
