Topic: carbon credits

The initiative aims to evaluate factors related to green carbon credits, focusing on the quantitative calculation of carbon footprints and the impact of forests on climate change.

BCG Eco’s new collaboration with Singaporean partners aims to expand Vietnam’s carbon credit projects, advancing sustainability and international market integration.

The country is currently developing a carbon market and plans to initiate a pilot phase in 2025, with full operation commencing in 2028.

Over 70 countries and territories worldwide have implemented carbon pricing.

Vietnam to pilot a carbon credit trading floor in 2025.

Move demonstrates country’s commitment to net-zero emissions.

Total revenue from this first-ever sale to the World Bank estimated at $51.5 million.

The world is rapidly moving towards green development, promoting green transition as a new driving force for fast and sustainable growth, November 23 seminar hears.

According to the Vietnam Chamber of Commerce and Industry (VCCI), Vietnamese enterprises have produced and traded carbon credits on international exchanges but these transactions have not received much attention, leading to a risk of missing out on about 57 million carbon credits worth hundreds of millions of dollars. The pricing of carbon is not only a new resource but also an opportunity to improve competitiveness.