Unepfi-越南的气候风险和TCFD披露的最佳实践（英）-2023.4-90页_2mb

Summary of Vietnam's Climate Risks and Best Practices for TCFD Disclosure

• Overview: This report examines Vietnam’s climate-related financial risks and provides best practices for implementing the Task Force on Climate-related Financial Disclosures (TCFD) framework. Vietnam has committed to net-zero emissions by 2050, with significant challenges from climate change impacts and the need for financial systems to adapt.

• Vietnam's Net-Zero Commitment:

  • Announced net-zero target by 2050 during COP26.
  • Key strategies include the Vietnam Green Growth Strategy (2021-2030) and National Climate Change Strategy.
  • Vietnam faces high exposure to climate risks due to its geography, with rising temperatures, flooding, and sea-level rise posing threats.

• Climate Risks:

  • Physical Risks: Flooding (estimated 97% of losses from hazards), sea-level rise, tropical cyclones, heat waves, and droughts could disrupt key sectors like agriculture, energy, and infrastructure.
  • Transition Risks: Include policy changes (e.g., potential carbon pricing), technological shifts (e.g., green tech), market disruptions, and reputational risks as Vietnam transitions to a low-carbon economy.

• TCFD Disclosure Principles: Based on the TCFD framework, organizations must:

  • Ensure disclosures are material, clear, comparable, reliable, and timely.
  • Integrate climate risks into financial reporting and mainstream annual reports.
  • Prioritize transparency in governance, strategy, risk management, and metrics.

• Practical Steps for TCFD Disclosure:

  • Getting Started: Conduct a gap analysis, appoint a governance champion, and leverage existing frameworks like TCFD and NGFS.
  • Governance: Involve senior leadership, set clear roles, and ensure board oversight.
  • Strategy: Identify material risks, conduct scenario analysis, and align with global goals like the 1.5°C scenario.
  • Risk Management: Integrate climate risks into existing risk assessments, using tools for physical and transition risks.
  • Metrics and Targets: Use standardized metrics (e.g., GHG emissions, financed emissions) and set targets for reduction and adaptation.

• Recommendations:

  • State Bank of Vietnam: Join international initiatives, build capacity, develop a climate roadmap, set disclosure requirements, and issue its own TCFD report.
  • Financial Institutions: Join climate initiatives, build internal capacity, integrate climate into strategy, and commit to transparent metrics and targets.

• Conclusion: Vietnam’s financial sector must proactively manage climate risks and opportunities. Adhering to TCFD principles will enhance resilience and support sustainable growth.