SOLUTIONS TO DEVELOPING GREEN CREDIT WITH THE PURPOSE OF STIMULATING CIRCULAR ECONOMY IN VIETNAM
Main Article Content
Abstract
The article has systematized some general reasoning problems about green credit, developing green credit and circular economy, analysing advancing green credit situation in Vietnam in two aspects: Goals achieved and challenges encountered recently. Based on assessing developing green credit situation in Vietnam, author will propose some solutions with aim to foster circular economy in Vietnam.
Keywords
green credit, circular economy, credit institution, bank
Article Details
References
[2] Duong Van Bon (2023), "Trends in the Development of Green Credit in Vietnam: Current Situation and Solutions," Economics and Forecasting Journal, Issue 31, November 2023.
[3] Vu Mai Chi (2022), "Green Banking Credit: Practices in Some Countries and Recommendations for Vietnam," Vietnam Economic and Financial Journal, Issue 4, 2022.
[4] Nguyen Thi Thu Trang (2023), "Development of Green Credit in Vietnam Today," Financial Market and Currency Journal, Issue 24, 2023.
[5] National Assembly (2020), Environmental Protection Law No. 72/2020/QH14.
[6] Prime Minister (2022), Decision No. 687/QĐ-TTg dated June 7, 2022, Approval of the Circular Economy Development Project in Vietnam.
[7] Anderson, G. D., & Zylicz, T. (1999). The role of Polish environmental funds: Too generous or too restrictive? Environment and Development Economics, 4(4), 413-448. DOI: 10.1017/S1355770X99000273
[8] Chao, X., Yuming, Z., & David, T. (2021). Green credit policy and corporate access to bank loans in China: The role of environmental disclosure and green innovation. International Review of Financial Analysis, 77(4), 35-46. DOI: 10.1016/j.irfa.2021.101838
[9] Chen, Q. (2019). Has China’s green credit policy been effectively implemented? An analysis of loan scale and cost based on two highs and one surplus enterprise. Journal of Contemporary Finance & Economics, 1(2), 117- 130.
[10] EEA: “Circular by design: Products in the circular economy”, European Environment Agency, Copenhagen, 2017
[11] Pearce, D.W. and R.K. Turner (1990), Economics of Natural Resources and the Environment, Hemel Hempstead: Harvester Wheatsheaf.
[12] Wang, X., & Wang, Y. (2021). Research on green credit policy to enhance green innovation. Management World, 37(6), 173-188.
[13] https://kinhtevadubao.vn/tai-chinh-xanh-o-viet-nam-thuc-trang-va-kien-nghi-giai-phap-29680.html