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 ...
Deforestation reduction remains challenging
Being active in more than 65 countries, REDD+ allows people who protect local forests to receive payments, usually from developed countries. REDD+ aims to make forest protection more economically attractive than deforestation. The total value of the program’s activities is estimated at 2.9 billion USD.A ...
New resources for forest protection
Vietnam has entered the world’s carbon credit trading market after a long period striving for sustainable forest management. This is a major event, marking a positive start in mobilising new resources for forest protection and improving forest quality and sustainable forest management, thereby helping Vietnam ...
Vietnam ready to carry out REDD+
A meeting was held in Hanoi on June 26 to review the project on support for preparing the readiness to carry out the international framework “Reducing Emissions from Deforestation and Forest Degradation” (REDD+) in Vietnam Phase 2 (FCPF-2).The FCPF-2 project aims to assist relevant agencies ...
