Tag: Vietnam carbon credit market

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).

Vietnam’s carbon credit market is gaining momentum but businesses believe clearer rules and stronger market infrastructure are needed to unlock its full potential.

Under a new Decree from the Government, a comprehensive legal framework for the organization and operation of the carbon market in Vietnam has been established.

This proposal is a key component of a draft decree currently undergoing consultation before it is submitted to the Government.

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