The upgraded Vietnam–Germany Energy Partnership expected to support energy transition, emissions reduction, energy-security enhancement and expanded business-to-business cooperation.
The project serves as a pilot initiative to institutionalize innovative climate finance mechanisms in support of smallholder farmers, ethnic minority communities, and youth in Vietnam’s coastal regions to adapt to the increasingly severe impacts of climate change.
Several regional countries have registered projects with Japan under the Joint Crediting Mechanism (JCM), providing both momentum and valuable experience for Vietnam.
Vietnam Economic Times / VnEconomy sought the opinions of various experts on Vietnam’s journey into the international carbon market, highlighting regulatory progress, corporate efforts, and opportunities for global collaboration.