Carbon Credit Sales Fetches Vietnam $51.5M
Vietnam has finalized the sale of 10.3 million tons of CO2 to the World Bank for US$51.5 million, a report by the Ministry of Agriculture and Rural Development said. Vietnam has finalized the sale of 10.3 million tons of CO2 to the World Bank for US$51.5 million, a report by the Ministry of Agriculture and […]
Carbon Credit Exchange A Strategic Factor For Vietnam’s Economic Development
About recognizing carbon credits as a special commodity Vu Trung Kien, director of the Centre for Climate Change Response Support, speaks to Nhan Dan (People) newspaper about recognizing carbon credits as a special commodity. Carbon credit exchange is a new concept in Vietnam. Could you elaborate on this model? In fact, carbon credits have been […]
Measures To Promote Carbon Trading Platform In Vietnam
By late 2022, about 29.4 million carbon credits have been created in the country under CDM and 10 million under GS and VCS. After the EU, the US will be the next to take its climate fight globally with the proposal of the Clean Competition Act, which, if passed, would impose border-adjusted carbon tariffs on […]
First Carbon Credit Trading Platform Launched In Việt Nam
CT Group has officially introduced the carbon credit trading platform ASEAN joint stock company (CCTPA), becoming the first of its kind in Việt Nam, proactively adapting to international environmental trade policies and aiming for a low-carbon and remarkable growth economy. HCM CITY — CT Group has officially introduced the carbon credit trading platform ASEAN joint […]
Carbon Credits Take Root In Agriculture Sector
The World Bank would raise $40 million between 2023-2024 and $60 million between 2025-2026 to pay for the carbon credits generated by the one million hectares of low-carbon high-quality rice paddies in the Mekong Delta. HÀ NỘI — Carbon credits are gaining traction in the agriculture sector as an instrument to promote sustainable farming practices and improve farmer income. […]
Carbon Credits Explained
You’ve probably heard of carbon credits or carbon offsets terms, but what exactly does this mean?
Carbon Markets In Vietnam
Vietnam is considered a country with many advantages to developing a voluntary carbon market and has demonstrated its commitment to reducing greenhouse gas. Source: https://www.climatelinks.org/sites/default/files/asset/document/2022-04/LEAP%20III%20-%20Carbon%20Markets%20Brief_final%20%28508%20Compliant%29.pdf
Vietnam Launches Over 1 Million Carbon Credits To International Market
Vietnam has launched more than 1 million voluntary carbon credits from household biogas plants to the international market as part of the Biogas Programme for the Animal Husbandry Sector in 2016 – 2020. The number of credits represents the equal reduction of 1 million tonnes of CO2. Speaking at the launching ceremony in Hanoi on […]