Investment for green economy discussed in Danang

Participants in the seminar, jointly held by the Ministry of Natural Resources and Environment, the General Confederation for Labour and Danang municipal authorities, emphasized the important role of new and renewable energy in ensuring sustainable development of Vietnam’s green economy.
They compared notes and shared experience in developing and using renewable energy in a more efficient manner.
They highlighted advantages of renewable energy, saying that it will help protect the environment, prevent climate change and reduce the reliance on oil and fossil fuels toward a green economy.
Vietnam has built a national environment protection strategy till 2020 with a vision to 2050 to increase the proportion of new and renewable energy in the country’s total energy sources to 5 percent in 2020 and 11 per cent in 2050.
Recently, the United Nations General Assembly has chosen 2012 as an international year for sustainable energy, aimed at mobilizing all investment sources to enable people to access modern energy services, increase energy efficiency and develop renewable energy.