GREEN INSURANCE - INTERNATIONAL EXPERIENCES AND LESSONS FOR VIETNAM

The current trend toward sustainable development has garnered significant attention from countries worldwide, with advancing green finance being a key objective. Among green financial services, green insurance plays an indispensable role by significantly contributing to the enhancement of the green economic system. It expands the range and magnitude of investments for insurance funds and fosters the creation of a sustainable development ecosystem. While the insurance market, particularly green insurance, holds considerable potential, the level of interest and awareness among businesses remains relatively low in Vietnam. This article synthesizes the experiences of selected countries and proposes policy recommendations for promoting green insurance in Vietnam.