News
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
VNFOREST: Negotiations on agreements on forest carbon credit sales continue
According to the Vietnam Administration of Forestry (VNFOREST), some localities have been contacted by domestic and international organizations and individuals that have proposed providing the service of absorbing and storing forest carbon (forest carbon service), including measurement, reporting, assessment, distribution and commercialization of forest carbon ...
Tam An
Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide
The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.In the report to the Prime Minister on the implementation ...
Tam An
Việt Nam to sign emissions reduction purchase agreement
Việt Nam will be the fifth partner in the Forest Carbon Partnership Facility (FCPF) and the first in the Asia-Pacific region to sign an Emissions Reduction Purchase Agreement (ERPA), according to Deputy Minister of Agriculture and Rural Development Hà Công Tuấn.Under the terms, if Việt Nam ...
