Analysis of the impact of environmental taxes, renewable energy, green finance, trade openness, and structural changes on CO2 emissions in Vietnam

Authors

  • Thai Hung Ngo
  • Thi Huynh Anh Nguyen
  • Thi Phuong Thao Le
  • Hoang Tien Dat Phan
  • Thuy Tran Pham
  • Cao Phat Nguyen

DOI:

https://doi.org/10.56097/binhduonguniversityjournalofscienceandtechnology.v8i2.314

Keywords:

Độ mở thương mại; Khí thải CO2; Năng lượng tái tạo; Tài chính xanh; Thay đổi cấu trúc kinh tế; Thuế môi trường

Abstract

The study analyzes the impact of green finance (GF), renewable energy (REN), environmental
taxes (TAX), trade openness (TRA), and structural changes (SER) on CO₂ emissions in Vietnam from
2000 to 2023 using wavelet analysis and wavelet quantile regression. The results uncover a bidirectional
causal association between these indicators and CO₂ emissions in Vietnam. In addition, renewable energy
positively affects environmental quality; environmental taxes, trade openness, and structural changes
have negative environmental impacts; and green finance would contribute positively to the environment
in the long run - term. Based on these findings - In light of these findings, we provide policy implications
aligned with Vietnam’s practical context and sustainable development goals.

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Published

2025-06-28

How to Cite

Ngo , T. H., Nguyen , T. H. A., Le , T. P. T., Phan, H. T. Đạt, Pham, T. T., & Nguyen, C. P. (2025). Analysis of the impact of environmental taxes, renewable energy, green finance, trade openness, and structural changes on CO2 emissions in Vietnam. Tạp Chí Khoa học Và kỹ thuật trường Đại học Bình Dương, 8(2). https://doi.org/10.56097/binhduonguniversityjournalofscienceandtechnology.v8i2.314

Issue

Vol. 8 No. 2 (2025): BINH DUONG UNIVERSITY JOURNAL OF SCIENCE AND TECHNOLOGY

Section

ECONOMICS - LAWS - ADMINISTRATIONS