Amid worsening climate change, driving the green transition has become a top priority for many nations and businesses. Beyond protecting the environment, this trend also opens opportunities for sustainable growth, minimizes economic risks, and enhances global competitiveness. So how can we turn the green transition into reality? Below are 10 essential solutions.
A World Bank study shows that if countries adopt green growth models, global GDP could increase by USD 4.5 trillion by 2030. In Vietnam, the National Green Growth Strategy for 2021–2030 aims to reduce greenhouse gas emissions by 9% by 2030, and up to 27% with international support.Businesses should consider “green” as a development pillar, not just a cost, by setting long-term goals on emission reduction and clean energy use.
According to the OECD, achieving global climate goals requires around USD 6.9 trillion of green investment annually until 2030.In Vietnam, the State Bank has encouraged commercial banks to introduce green credit and green bonds. As a result, many renewable energy and sustainable infrastructure projects have been implemented. This is a catalyst for businesses to confidently invest in the green transition.
Currently, over 50% of global greenhouse gas emissions come from energy. Replacing fossil fuels with renewable energy is vital.
Research by McKinsey shows that 80% of a company’s emissions lie within its supply chain, not its direct operations.This means businesses must work with eco-compliant suppliers, adopt smart logistics, and prioritize low-carbon transportation to truly “green” their operations.
A Nielsen global survey (2022) revealed that 81% of consumers are willing to pay more for eco-friendly products.In Vietnam, this trend is evident: brands like Vinamilk, Biti’s, and PNJ have launched “green” products, used recycled packaging, or implemented take-back programs. This reduces environmental impact while strengthening customer trust.
According to the World Economic Forum (WEF), technological innovation could reduce global emissions by 20% by 2050.
Key green technologies include:
Over 140 countries (nearly 90% of global GDP) have pledged Net Zero by 2050.For Vietnam, the COP26 commitment opens opportunities to integrate deeper into global supply chains. However, it also presents challenges, as exporters must meet increasingly strict carbon standards from the EU, US, and Japan.
According to UN-Habitat, cities account for 70% of global CO₂ emissions. Urban planning and green infrastructure development are therefore crucial.In Vietnam, cities like Da Nang, Hoi An, and Ho Chi Minh City are piloting green transportation, energy-efficient buildings, and eco-friendly spaces. These initiatives need to be scaled up nationwide.
The green transition cannot succeed without community involvement. Movements like “Say No to Plastic Waste,” “Plant 1 Billion Trees,” and “Green Sundays” have positively shifted consumer behavior and raised environmental awareness.
Governments set enabling policies, businesses drive implementation, and international organizations provide financial and technological support. For example, the Just Energy Transition Partnership (JETP) pledged USD 15.5 billion to help Vietnam reduce coal dependency and expand clean energy. This showcases the power of multilateral collaboration.
Advancing the green transition is no longer an option—it is an inevitable pathway to sustainable development. With these 10 solutions, Vietnam can transform climate challenges into golden opportunities to restructure the economy, enhance competitiveness, and build a low-carbon future.