ASEAN aims to realize the vision of a “Green ASEAN”, so in the coming decades, the role of connectivity in the carbon market will become increasingly important for the region.
As the world grapples with the urgent need to tackle climate change, Vietnam is making significant strides in establishing a domestic carbon trading system that could unlock substantial economic and environmental benefits. With ambitious emissions reduction targets and a growing focus on green development, the country is leveraging carbon markets to drive its low-carbon transition.