Carbon credits approved for nine JCM projects in Vietnam
The country is currently developing a carbon market and plans to initiate a pilot phase in 2025, with full operation commencing in 2028.
Topic: carbon credits
Vietnam to pilot greenhouse gas emission trading system
Over 70 countries and territories worldwide have implemented carbon pricing.
Training courses on carbon market open for businesses and State agencies
Vietnam to pilot a carbon credit trading floor in 2025.
Vietnam to develop carbon credit market
Move demonstrates country’s commitment to net-zero emissions.
Vietnam sells 10.3 million forest carbon credits in 2023
Total revenue from this first-ever sale to the World Bank estimated at $51.5 million.
Vietnam in need of $368bln to build climate-resilient, carbonless economy
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.
Carbon credits a valuable resource
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.