Dragon Capital signed a strategic agreement with the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) on environmental protection and biodiversity for the next three years.

The co-operation between Dragon Capital and ISPONRE was announced at the former’s 25th anniversary held on September 26 with the theme to protect the environment and biodiversity in Ho Chi Minh City.

Accordingly, the co-operation between the two sides will be carried out in the following forms: jointly researching and publishing results; jointly organising and participating in seminars, training activities, and improving the legal framework.

The co-operation with ISPONRE this time is a continuation of the long-term drive to implement Dragon Capital’s social sustainability strategy, including the development of criteria to evaluate biodiversity in Vietnam and to form a conservation market akin to the current carbon market.

Vietnam is one of the most vulnerable countries to climate change and natural disasters. However, much of its economic success depends on agriculture and natural resources and those natural assets are being exploited unsustainably.