MARD reports plan to use nearly 6 million tons of CO2
The Ministry of Agriculture and Rural Development (MARD) has revised the amount of CO2 transferred in 2018-2019 in the north central region. The ministry sent a report to the Prime Minister on the authority to transfer nearly 6 million tons of residual carbon dioxide (CO2) in the region in that time.
The report states that, by the end of 2023, the MARD has transferred 10.3 million tons of CO2 to the World Bank (WB). The WB also had a letter confirming the transfer of about 95 percent of the transferred emission reduction results to Vietnam.
The WB previously confirmed the results of reducing emissions in the northern central region in the 2018-2019 period, reaching 16.21 million tons of CO2. Of which, the amount of CO2 credit transferred to the WB under the Emission Reductions Payment Agreement (ERPA) is 10.3 million tons.
