‘The circular economy is gaining traction worldwide and in Viet Nam. A circular economy promises to save resources and prevent waste while creating new economic opportunities. First solutions are already being piloted but for further scaling, financing represents a vital bottleneck to be tackled.
How can resources be mobilized to accelerate the transition to a circular economy in Viet Nam? How can the different financial instruments from venture capital over loans to bonds be better used? How can financial risks be reduced through leasing, guarantees or public-private partnerships? What are the barriers but also entry points for financing circular investments in specific sectors such as textiles or in industrial parks?
‘The Frankfurt School of Finance and Management and Deutsche Gesellschaft fir Internationale Zusammenarbeit (G17) GmblL published two reports on Financing Circular Economy in 2022. They provide some perspective guidance an how development cooperation could contribute to closing the financing gap for circular economy in low- and middle-income countries, focusing on the five selected countries: Albania, Colombia, the Dominican Republic, Rwanda 2nd Viet Nam.
‘With the view to disseminate the findings and recommendations of the report and receive the insights of Vietnamese stakeholders about the Financing Circular Economy, Go Circular Vietnam (GIZ) in coordination with the Central Institute for Economic Management (CIEM), organize a hybrid workshop entitled “Financing Circular economy ~ Insights for Practitioners in Viet Nam”. This event will discuss how more resources can be mobilized for the circular transition in Viet Nam. It will shed light on the different financial instruments, as well as barriers and entry points.
We would like to invite you to attend the workshop with detailed information as follows:
Time: 14h00-16h30, Tuesday, March 28, 2023
Venue: Pan Pacific Hotel, No.1 Thanh Nien Road, Tay Ho District, Hanoi
