Page 335 - Ebook HTKH 2024

Table 1. Notable green finance models studied and applied in Vietnam

Green Finance Model Country Objectives

100 billion EUR investment in
Investing for the Future France
green projects
Reduce emissions by 80% by
Climate Plan 2050 Germany
2050
100 billion USD investment in
Green Growth Plan 2021-2030 Japan
green projects by 2030
Non-Profit Credit Guarantee Green certification for businesses,
Corporation (KOTEC) South Korea guaranteeing up to 7 billion won
Developing a policy framework to
Connecticut Green Bank USA support green finance
Removing barriers to green
Green Investment Bank (GIB) UK investment

Five Priority Strategic Green Reduce carbon emissions by 42%
Governance Initiatives South Africa by 2025

Romania, Focus on social and environmental
Green Bank
Bangladesh factors
Research Institute for
Development and Technology India Green currency ranking
Banks (IDRBT)

Source: https://fpt-is.com/goc-nhin-so/tai-chinh-xanh
Regarding awareness and capacity for green finance among Vietnamese transport
companies, the survey results show that most enterprises are not fully aware of green
investment funds, green bonds, green credit, and other green finance tools. Although
some transport companies in Vietnam have started to adopt environmental and social
governance (ESG) management models, their ability to attract green capital from

private foreign investment remains limited due to their lack of adherence to green
management standards. The strategy and green transition models in most enterprises are
still underdeveloped. Only about 15% of Vietnamese transport companies have
begun to implement green transition strategies.
Moreover, the slow pace of green transition in Vietnamese transport enterprises is
primarily due to the high capital requirements for green investments. For instance, solar
energy projects typically have a long payback period of 10-15 years, requiring

significant investment, which is a challenge for small and medium-sized transport
companies.

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