Sustainable Development Goals
SDG 13 Climate action
MOF drafts regulation for carbon credit market, MARD aims to sell credits abroad
Under a plan of the Ministry of Finance (MOF), Vietnam would not sell carbon credits abroad in the first phase of the carbon credit market. The draft plan says the domestic carbon credit market would run on a trial basis in 2025-2028, during which carbon ...
Tam An
Reducing greenhouse gas emissions in agricultural production
In Vietnam, the agricultural sector accounts for about 30% of the total greenhouse gas emissions nationwide, mainly concentrated in two areas: rice cultivation, and livestock farming. Therefore, reducing greenhouse gas emissions in agricultural production is a major orientation that Quang Binh Province is implementing through ...
Huong Giang
Vietnam joins global community in protecting ozone layer
During the past 30 years of participating in the Vienna Convention for the Protection of the Ozone Layer and the Montreal Protocol on Substances that Deplete the Ozone Layer, Vietnam has made efforts to synchronously implement various mechanisms, policies and solutions to manage and eliminate ...
Vietnam’s forestry sector leads in achieving net negative emissions
Forestry is now the only sector capable of achieving net negative emissions, thanks to the Government’s forestry development policies, including the closure of natural forests, forest protection and development, coupled with international sponsorship, said Director of the Forestry Department Tran Quang Bao.Ha Cong Tuan, former ...
Circular economy crucial for Vietnam's green growth
The circular economy is pivotal to achieving green growth, a green economy, and ultimately, sustainable development goals, said an expert. The draft National Action Plan for implementing the circular economy, currently prepared by the Ministry of Natural Resources and Environment, proposes five key objectives and ...
Nhĩ Anh
Reforestation, early zoning of landslide risk areas to adapt to natural disasters
The recent Typhoon Yagi and its aftermath caused severe devastation across many northern provinces and cities of Việt Nam. To mitigate and adapt to natural disasters such as storms and floods, it is crucial for localities to restore forest ecosystems and identify landslide-prone areas to ...
Mekong Delta rice projects: early wins, ongoing hurdles
Việt Nam’s plan to cultivate one million hectares of high-quality, low-emission rice in the Mekong Delta has yielded some early success. A comparison between project and non-project fields also reveals a substantial reduction in greenhouse gas emissions. The former emits about 12 tonnes less CO2 equivalent ...
Mangrove forests provide important blue carbon benefits
Despite covering just about 200,000 hectares or 1.5% of the national forest area, mangrove forests are highly valued for their socio-economic and biodiversity conservation benefits. The United Nations Development Programme (UNDP) has recognised them as a significant carbon sink, contributing substantially to reducing greenhouse gas ...
Challenges to a projected carborn market
To meet global greenhouse gas emission reduction targets based on agreements reached at the COP 21 and COP 26 meetings, one key strategy proposed by the UN is the creation of carbon credit markets, both globally and within individual countries. These markets would not only ...
Việt An
Vietnam adapts to global trends in environmental, social and governance practices
Practicing responsible business in accordance with Environmental, Social, and Governance (ESG) criteria is considered a key that contributes to realising Vietnam’s commitment to bring net emissions to zero by 2050.On the journey towards green growth, ESG criteria are the standard for measuring and evaluating an ...