Clean Energy Finance And Investment Policy Review Of Viet Nam

Viet Nam has become a leading regional market for renewable energy in a short space of time led by private sector investment facilitated by favourable support mechanisms. The Clean Energy Finance and Investment Policy Review of Viet Nam provides a comprehensive overview of the current policy framework, highlighting progress and identifying untapped opportunities for strengthening policy interventions that can help scale up clean energy finance and investment.

Thanks to tremendous renewable energy and energy efficiency potential and a stable, dynamic economy, Indonesia has become a coveted destination for investors in the clean energy sector. Clean energy investment, however, remains far below the level needed to realise Indonesia’s ambitious clean energy and sustainable finance goals.

This review uses the OECD Policy Framework for Investment to present an assessment of the investment climate in Viet Nam and to discuss the challenges and opportunities faced by the government of Viet Nam in its reform efforts.

This sector assessment, strategy, and road map highlights the Government of Viet Nam's plans and strategies for addressing priority needs for the financial sector and identifies possible preliminary areas of international assistance. It assesses key sector development needs by analyzing strengths, constraints and weaknesses, various risks, potential threats, as well as opportunities. This knowledge product serves as a basis for further dialogue on how the Asian Development Bank and the government can work together to tackle the challenges of managing financial sector development in Viet Nam in the coming years.

This publication provides host country governments with guidance on the policy options that are available to make the most of investment opportunities in clean energy infrastructure, drawing on the expertise of climate and investment communities among others. It identifies key issues in investment policy, investment promotion and facilitation, competition, financial markets, and public governance. It also addresses cross-cutting issues, including the implications of regional co-operation and of international trade for investment in clean energy infrastructure.

The UNCTAD Investment Policy Reviews are intended to help countries improve their investment policies and to familiarise Governments and the international private sector with an individual country's investment environment. The reviews are considered by the UNCTAD Commission on Investment Technology and Related Financial Issues. The Review is divided into four chapters with annexes. The chapters look at the following areas: FDI trends and impact; the investment framework; attracting FDI in electricity; main conclusions and recommendations. The annexes look at investment promotion and facilitation and included tables, figures and boxes.

This Review assesses Ukraine’s investment climate vis-à-vis the country’s energy sector reforms and discusses challenges and opportunities in this context. Capitalising on the OECD Policy Framework for Investment and other relevant instruments and guidance, the Review takes a broad approach to investment climate challenges facing Ukraine’s energy sector.