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.
Workshop kicks off course on emissions trading

Workshop kicks off course on emissions trading

The Southeast Asia Energy Transition Partnership, in coordination with the DCC, has kicked off a series of events on emissions trading in Vietnam.
Efficient green financing the answer to global pressures

Efficient green financing the answer to global pressures

Vietnam is in critical need of green finance and the development of carbon credit markets to drive sustainable growth and bolster environmental resilience, a conference has heard.
First FSC certification for non-timber forest products in Vietnam

First FSC certification for non-timber forest products in Vietnam

The SFCG Association of Quang Tri province received the FSC certification for its acacia wood logs and non-timber forest products.
Vietnam leaps on carbon credit craze

Vietnam leaps on carbon credit craze

Once a policy to apply forest environmental and CO2 indicators is officially approved, Vietnam may participate more actively in the sale and purchase of carbon credits for both enterprises and localities.
New technological trends for carbon credit investors

New technological trends for carbon credit investors 3

Carbon credits are an essential part of the national and international scheme of things, which provides economic incentives worldwide to reduce pollutants and climate change.