News
Building carbon credit management mechanisms crucial: PM
Prime Minister Pham Minh Chinh emphasised the urgent need to develop a carbon market and carbon credit management mechanisms in his recently-issued directive.In Vietnam, since the mid-2000s, many businesses have rolled out carbon credit programmes and projects, notably those under the Clean Development Mechanism (CDM). ...
Carbon credit market offers sustainable revenue
There have been positive signs since the Vietnamese Government committed to the goal of Net Zero Carbon Emission in 2050.Statistics from the Center for People and Nature (under the Vietnam Union of Science and Technology Associations (VUSTA)) reveal that by the end of November 2022, ...
Translated by Thanh Tam
Việt Nam has first more than US$41 million from selling forest carbon credits
A total of US$41 million in carbon credit sales is the first forest proceeds from six north central provinces from the emission reduction agreement with the World Bank. This money is transferred to localities to pay forest owners, local people and communities to manage, protect and ...
