A draft regulation of the central bank will help enhance the awareness and corporate responsibility of the banking sector about environmental protection and climate change.
Natural disasters and environmental pollution can reduce GDP by 0.6 per cent per year from 2016-20, according to the National Centre for Socio-economic Information and Forecast (NCIF) under the Ministry of Planning and Investment.
The Ministry of Finance has transferred VND3 trillion (US$134 million)
to four coastal central provinces of Ha Tinh, Quang Binh, Quang Tri and
Thua Thien Hue where fish died en mass due to environmental pollution in
April.