June 09, 2026 | 15:30

Hue proactively seeks green financial resources from Europe

Nguyễn Thuấn

The central city of Vietnam has a strong interest in learning about climate finance mobilization mechanisms, green bond development, carbon credits, and disaster risk insurance solutions—areas where Luxembourg possesses extensive expertise.

Hue proactively seeks green financial resources from Europe
Mr. Hoang Hai Minh (L), Permanent Vice Chairman of Hue People's Committee and Mr. Serge Wilmes, Minister of the Environment, Climate and Biodiversity of Luxembourg.

Through a series of business activities in Luxembourg and Belgium in early June 2026, authorities of Hue City, central Vietnam, have continued to bolster the city's economic diplomacy, expanding international cooperation in environmental protection, climate change response, and sustainable development.

A delegation from the Hue City People's Committee, led by its Permanent Vice Chairman, Mr. Hoang Hai Minh, attended the Luxembourg International Climate Finance Days 2026, held from June 3 to 6.

On the sidelines of the forum, Mr. Minh held working sessions with leaders from Luxembourg's Ministry of the Environment, Climate and Biodiversity, and Ministry of Finance, the Luxembourg Development Cooperation Agency (LuxDev), the Green Climate Fund (GCF), the Luxembourg Sustainable Finance Initiative (LSFI), WWF International, and various other development partners.

The city leader introduced Hue’s future development orientations, highlighting its green growth strategy, climate change adaptation, and nature-based development plans for the Tam Giang - Cau Hai lagoon system. He expressed a strong interest in learning about climate finance mobilization mechanisms, green bond development, carbon credits, and disaster risk insurance solutions—areas where Luxembourg possesses extensive expertise.

According to Mr. Minh, Vietnam and Luxembourg established a Strategic Partnership on Green Finance in 2024. Luxembourg remains one of the most active nations supporting Vietnam in developing green capital markets and green credit standards.

Prior to the Luxembourg forum, the delegation conducted a working visit to Belgium on June 1 and 2, at the invitation of LuxDev, WWF-Vietnam, and WWF-Belgium.

In Brussels, the delegation conducted field surveys of various eco-district and climate-adaptive urban models. Representatives from the Brussels municipal government introduced the "Tivoli" Eco-district, a hallmark model of nature-based solutions (NbS) designed to manage stormwater runoff, mitigate flood risks, and reduce the urban heat island effect.

The delegation also explored wetland management solutions at the Ganshoren marshes and the development model of King Baudouin Park, which harmoniously integrates public infrastructure, biodiversity conservation, and the enhancement of residents' quality of life.

During working sessions with WWF-Belgium, international experts shared extensive experience in ecosystem conservation, nature restoration, water resource management, and the creation of ecological corridors. They also discussed strategies to mobilize private sector participation in conservation and sustainable development programs.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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