Sharing Australia’s experience in Green Innovation

The #Aus4Innovation program has funded and promoted many initiatives and technologies that contribute to the green growth in Vietnam during its first five years in action. These innovative solutions are helping address environmental challenges or creating sustainable business models for local communities.

Speaking at the recent workshop on “Promoting green innovation – the key to realizing Sustainable Development Goals in Vietnam by 2030” hosted by the Ministry of Science and Technology, Dr Andy Hall from CSIRO, Australia’s national science agency, commented that green innovation is a social and political project. It only succeeds when there is an integrated ecosystem of business, society, R&D, policy and financial organisations, which is the approach that Aus4Innovation is using to help build a innovation system in Vietnam.

A project funded by Aus4Innovation and implemented by Western Sydney University and Research Institute for Aquaculture No.2 was also introduced as a case study at the workshop. The project has successfully developed a circular economy model where all by-products from the catfish processing industry are recycled and turned into affordable high value fishmeal, benefiting both the environment and fish farmers.