Carbon market to create motivation for green transition: Deputy PM
A carbon market will create motivation for green transition, said Deputy Prime Minister Tran Hong Ha on July 12. The operation of the carbon market must follow a roadmap under the management of the State, match the capacity and development levels of businesses and the economy, and ensure national interests, Ha said, adding that it’s necessary to learn experience through joint ventures, partnerships or cooperation mechanisms but ministries and agencies must stay proactive.
In Vietnam, more than 300 programmes and projects have registered to be implemented with carbon credit mechanisms. Of these, about 150 were granted more than 40.2 million carbon credits which have been exchanged on the world carbon market.
