Vietnam to use carbon-pricing tools in effort to cut greenhouse gas emissions

Vietnam, as one of the most vulnerable countries to climate change, is set to develop a roadmap to implement market-based carbon pricing tools as part of its effort to reduce greenhouse gas (GHG) emissions.

The Ministry of Natural Resources and Environment has proposed adding the carbon market to the revised draft Law on Environmental Protection. The National Assembly is expected to approve the draft law at the upcoming 10th session.

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