Green Growth and Fossil Fuel Fiscal Policies in Viet Nam
Green Growth and Fossil Fuel Fiscal Policies in Viet Nam
June 18, 2014
The paper highlights that current reform efforts need to be significantly accelerated to meet the ambitious targets of the Green Growth Strategy and for Viet Nam to move towards a more inclusive and sustainable growth trajectory. Fossil fuel fiscal policy reform requires comprehensive energy sector reform, pricing reform and a communication and consultation strategy to solicit broad based support for reform. Measures will also be required to protect the poor and vulnerable and the most affected businesses from higher energy prices.
Green Growth and Fossil Fuel Fiscal Policies in Viet Nam – Recommendations on a Roadmap for Policy Reform is based on research by many national research partners and international experts, and has benefitted from an extensive dialogue with major stakeholders including affected households, businesses, development partners and policy makers.
Download the related documents:
Phase I: Subsidies and taxes in Vietnam’s energy sector, and their eects on economic development and income distribution in the context of responding to climate change
- Policy paper ‘Fossil fuel scal policies and greenhouse gas emissions in Vietnam’ (May 2012) (in English and Vietnamese) based on three research reports:
- Value Chain and Policy Analysis of Fossil Fuel Trade, Subsidy and Tax in Vietnam (2011)
- Fossil Fuel Prices and Taxes, and their eects on Economic Development and Income Distribution in Vietnam (2011)
- Environmental Assessment of Potential Eects and Impacts of Removal of Fossil Fuel Subsidies and of Fuel Taxes (2011)
Phase II: Developing a Roadmap for Fossil Fuel Fiscal Policy Reform - Policy paper ‘Green Growth and Fossil Fuel Fiscal Policies in Vietnam - Recommendations on a Roadmap for Policy Reform (June 2014) (in English and Vietnamese) based on following research reports:
- Contextualisation and Political Economy of the Reform (2013)
- Hypothetical Impacts of Energy Subsidy Removal on Enterprises in Vietnam (2013)
- The Inationary Impacts of Fossil Fuel Price Reform in Vietnam - A Static Analysis (2013)
- Qualitative Assessment of the Political Economy of Energy Price Reform and its Perceived Social Impacts on Households and Informal Sector - A case study of Vietnam (2013)
Other background papers as supporting documents include: - Case study of Power Sector Reform in Vietnam (2012)
- Analysis of Environmental and Social Costs and Risks of Hydropower dams, with a Case Study of Song Tranh 2 Hydropower Plant (2013) (in English and Vietnamese)
- Review of the Petroleum Stabilisation Fund in Vietnam (2013)