MINISTRY EDUCATION AND TRAINING STATE BANK OF VIETNAM HO CHI MINH UNIVERSITY OF BANKING NGUYEN BICH NGUYEN THE IMPACT OF ECONOMIC GROWTH ON CARBON EMISSIONS IN ASIA – PACIFIC MEMBER COUNTRIES MASTER THESIS Major: Finance - Banking Code: 8 34 02 01 Ho Chi Minh City, 2026 MINISTRY EDUCATION AND TRAINING STATE BANK OF VIETNAM HO CHI MINH UNIVERSITY OF BANKING NGUYEN BICH NGUYEN THE IMPACT OF ECONOMIC GROWTH ON CARBON EMISSIONS IN ASIA – PACIFIC MEMBER COUNTRIES MASTER THESIS Major: Finance - Banking Code: 8 34 02 01 SUPER ADVISER: DR. NGUYEN THI NHU QUYNH Ho Chi Minh City, 2026 i DECLARATION OF AUTHENTICITY As the author of this thesis, I declare that the following are: My full name is Nguyen Bich Nguyen Student of class CH25B2, Faculty of Finance and Banking in Ho Chi Minh University of Banking. I declare that the study with the tittle “The impact of economic growth on carbon emissions in Asia – Pacific member countries” is completely made by myself based on inquiry and the guidance of my lecturer Dr. Nguyen Thi Nhu Quynh. In addition, none of this research has been published before submission. All the research data in the tables are used for the analysis, evaluation and comment are collected from different sources indicated in the references section. If any fraud is discovered, I will take full responsibility for the content of my thesis. ii ACKNOWLEDGEMENTS First of all, I would love to express my strong gratitude to all lecturers at Ho Chi Minh University of Banking for teaching, imparting valuable knowledge and experiences to me during my studying process. It was such a fundamental foudation and valuable luggage for me to enter the practice working environment in the future. In addition, I also would love to give special thank to my supervisor Dr. Nguyen Thi Nhu Quynh, has devoted herself to teaching and giving comments to help me to complete my master thesis well. Finally, I wish for all lecturers at Ho Chi Minh University always have lots of