Suitable workforce craved for carbon credit market

Suitable workforce craved for carbon credit market

The plan to establish the first carbon credit exchange in 2025 places Vietnam with a huge task of training enough professional forces to participate in the market.
Vietnam needs skilled workers to drive carbon credit market growth

Vietnam needs skilled workers to drive carbon credit market growth

Investing in and building a skilled workforce and a strong legal framework will be critical to establishing a carbon credit market in Vietnam.
Singapore launches market alliance to facilitate carbon credit trade

Singapore launches market alliance to facilitate carbon credit trade

The Singapore Carbon Market Alliance (SCMA) was launched recently, serving as a national platform that will help connect developers of carbon credit projects with potential buyers.
Key components can provide basis for carbon credit market

Key components can provide basis for carbon credit market

Companies in Vietnam must begin to report their carbon inventory and participate in carbon credit exchanges. Lam Nguyen Hoang Thao, senior associate at Russin & Vecchi, provides deep analysis of the issue.
First pilot electric vehicle carbon credit project in Vietnam

First pilot electric vehicle carbon credit project in Vietnam

Selex Motors has partnered with PoA Carbon to implement a pilot project to develop carbon credits for electric vehicles.
Suggestions pour in for carbon credit development

Suggestions pour in for carbon credit development

There is an urgent need for rules to develop Vietnam’s carbon credit market, given the country’s significant potential to generate carbon credits from its vast forests and numerous greenhouse gas reduction projects.
Vietnam to strengthen carbon credit management

Vietnam to strengthen carbon credit management

Prime Minister Pham Minh Chinh has urged ministries to work with relevant agencies to develop Vietnam's carbon credit infrastructure.
Vietnam capable of earning 200 million USD per year from carbon credit trade

Vietnam capable of earning 200 million USD per year from carbon credit trade

Vietnam is capable of selling some 40 million carbon credits for a revenue of 200 million USD annually, the Department of Forestry has calculated.
FPT IS and Carbon EX driving carbon credit market

FPT IS and Carbon EX driving carbon credit market

FPT IS and Carbon EX, a carbon credit trading platform and renewable energy certificate issuer in Japan, has signed an MoU to collaborate on carbon credit projects adhering to global standards.
World Bank to support Ho Chi Minh City on carbon credits

World Bank to support Ho Chi Minh City on carbon credits

The challenges presented by the carbon credit market were the main talking points of a meeting on January 24.
Vietnam seals major carbon credit deal, fetching $53 million

Vietnam seals major carbon credit deal, fetching $53 million

Vietnam has sold 10.3 million tonnes of carbon credits to the World Bank.
Quang Binh receives over 3.38 million USD from selling carbon credit

Quang Binh receives over 3.38 million USD from selling carbon credit

The central province of Quang Binh got more than 82 billion VND (3.38 million USD) for its efforts to reduce greenhouse emissions in 2023, becoming the first locality in Vietnam to receive payment under the Emissions Reduction Purchase Agreement (ERPA).
COP28 faces debate over controversy-mired carbon credits

COP28 faces debate over controversy-mired carbon credits

Controversial credits bought by corporations to offset their carbon emissions will be in the spotlight at UN climate talks next month.
Vietnamese carbon market yet to achieve lift off

Vietnamese carbon market yet to achieve lift off

The establishment of the country’s first carbon credit trading floor demonstrates proactive adaptation of international environmental rules, but current policy may impede Vietnam’s market growth process.
Vietnam receives $41 million from World Bank for sale of forest carbon credits

Vietnam receives $41 million from World Bank for sale of forest carbon credits

The sum equals 80 per cent of the committed amount under the Emission Reductions Payment Agreement.
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