News

WB's 51.5-million-USD payment helping Vietnam reduce emissions

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.This makes Vietnam the first country in the East Asia-Pacific to receive a ...

Vietnam gets US$41.2 million in emission reduction payments

Vietnam has received US$41.2 million, equivalent to 80 percent of the total funding, from the World Bank for 10.3 million tons of CO2 as a result of its efforts to reduce carbon emissions in deforestation and forest degradation until 2025.Vietnam has made strong commitments to the international ...

Expanding payment mechanisms for ecosystem services to bolster conservation efforts

In a bid to enhance the conservation and restoration of natural ecosystems and diverse wildlife within the country, the application of payment mechanisms for environmental services rendered by forests is being recommended for broader ecosystems.The Forest Protection and Development Fund has been instrumental in deploying the ...

Bình Phước uses payment scheme to help protect forests

The policy of payments for forest environmental services in Bình Phước Province has helped protect and develop forests, and improve the livelihoods of forest protecting households.Under the policy, households, forest owners and firms that participate in protecting forests are paid an annual fee calculated on ...

Sustainable livelihoods needed for forest conservation

A webinar held on December 24 pointed out the need to develop sustainable livelihoods for residents in the buffer zones of nature reserves and national parks so as to help with forest conservation.A representative from the Vietnam Administration of Forestry said it is necessary to ...

National forest service payment mechanism generates 120 million USD annually

The Payment for Forest Environmental Services (PFES) system implemented at national scale under an USAID project now generates approximately 120 million USD annually to finance the management of approximately 6 million hectares of Vietnam’s forests.The figures were released at an Earth Day event held in the Central ...

Forest environmental services to bring about 2.8 trillion VND in 2021

The Vietnam Administration of Forestry (VNFOREST) aims to collect 2.8 trillion VND (121.7 million USD) from forest environmental services this year.According to VNFOREST Deputy Director Pham Van Dien, forest carbon sequestration and emission reduction services, a new feature of 2021, will add between 300 to ...

Forest environmental service fees scheme promotes forest protection in Vietnam

The revenue from forest environmental service fees has become a sustainable financial source, contributing to increasing the value of the forestry industry as well as the country’s GDP growth, according to Nguyen Chien Cuong, an official of the Vietnam Forest Protection and Development Fund (VNFF).It ...

Forest environmental services policy changes the lives of northwestern people

Forty-one of the country’s 63 provinces have established a forest-protection and development fund to look after nearly 6 million hectares of trees, according to report of the Ministry of Agriculture and Rural Development.The policy was first introduced in Việt Nam in 2008, requiring hydro-power plants, water-supply companies and ...

Contact us

Contact us

Do you have questions on the content published by Open Development Vietnam? We will gladly help you.

Have you found a technical problem or issue on the Open Development Vietnam website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Vietnam website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Vietnam will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

rDjLS
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!