Vietnam's carbon dioxide emissions, expressed in kilograms of CO2 per USD, have shown considerable variability from 2013 to 2023. After a notable increase from 2013 to 2015, with year-on-year variations reaching a peak of 18.25% in 2015, emissions generally fluctuated with occasional reductions, most notably in 2016 and 2017 with -5.46% and -6.01% changes respectively. From 2018 onwards, there has been a consistent upward trend, culminating in a 2.27% increase from 2022 to 2023, standing at 0.41 kilograms of CO2 per USD in 2023. The average variation per year (CAGR) for the last five years stands at 3.56%.
Future trends to watch include potential technological advancements in renewable energy and policy changes targeting emission reductions, which could alter the forecasted CAGR of 1.73% for the period from 2024 to 2028, accompanied by an overall forecasted growth rate of 8.95% by 2028. Additionally, continued monitoring of industrial activities and energy consumption patterns will be critical in assessing Vietnam’s progress towards more sustainable practices.
