Tag: carbon credit exchange

The Government's newly-issued Decree 396/2026/ND-CP clarifies the process of decentralizing the issuance of accounts for the national carbon credit system and to supplement procedures for forest carbon projects, effective from December 12, 2026.

Article 6 of the Paris Agreement is a provision that allows countries to voluntarily engage in international cooperation to reduce greenhouse gas emissions and develop carbon credit markets under the United Nations Framework Convention on Climate Change (UNFCCC).