News

GEF helps promote low-carbon circular economy in Viet Nam

A project to accelerate low-carbon circular economy through cleantech innovation towards sustainable development has been launched in Viet NamThe project was jointly developed by the Institute of Strategy and Policy on Natural Resources and Environment, under the Ministry of Natural Resources and Environment and the ...

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 ...

EU's Carbon Border Adjustment Mechanism brings both challenges, opportunities

The European Union (EU)’s Carbon Border Adjustment Mechanism (CBAM) transition period will begin on October 1, 2023, and from 2026 this program is expected to become permanent.According to the mechanism, businesses have to report the amount of greenhouse gases in their imported goods, if this ...

Translated by Hong Son

Businesses, organisations strengthen partnership in carbon emission reduction

The Institute for Research on Development Communication (RED Communication) and Vietnam Business for Environment on August 18 held a conference entitled “Partnership between Businesses & Civil Social Organisations in Carbon Emission Reduction: Trends & Opportunities”. The conference attracted domestic and international experts, businesses and organisations ...

Vietnam will likely pilot carbon credit market by 2025: ministry

With its large forest reserves, Vietnam has great potential for developing a forest carbon credit market, and a “draft project to develop the carbon market in Vietnam” with a view to piloting a carbon credit exchange by 2025 was already submitted to the prime minister for ...

Vinh Tho - Quang The - Le

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