Financial solutions for plastic waste crisis

Vietnamese Ministry of Natural Resources and Environment and the United Nations Development Program jointly organized a workshop on “Mobilizing finance for plastic pollution solutions in Viet Nam,” in Hanoi on Thursday.

The workshop introduced plastic credits and green bonds as two potential financial instruments. Both the public and private sectors can issue bonds for recycling and waste treatment initiatives.

Green bonds are available to qualifying businesses in waste management, chemicals, and plastic-related industries.