Tags: carbon credits
Vietnam is moving closer to operating a carbon market
With significant potential in carbon credit supply, particularly in the agricultural sector, Vietnam is actively implementing the necessary steps to soon operate a carbon exchange. Vietnam profits from forest carbon credits. In 2023, for the first time, Vietnam received revenue from forest emission reduction activities. Through the World Bank (WB), Vietnam successfully transferred 10.3 million ... Read more
15/10/2024
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The Carbon Credit Market in Vietnam is Receiving Encouraging Signs
Currently, the carbon credit trading price list is divided into 3 main groups (according to Golden Standard): – Planting and protecting forest resources at a price of $9.77 per credit unit. – Utilize renewable energy (solar panels, wind turbines, etc.) at a price of $9.67 per credit unit. – Use resources (land, water, etc.) efficiently ... Read more
23/11/2023
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Carbon Credits – A Promising Product for Vietnamese Agriculture
According to statistics from the Intergovernmental Panel on Climate Change (IPCC) in 2019, agriculture is the basic material production sector of society, feeding people but also responsible for more than 20% of CO2 emissions into the atmosphere. Following the trend of sustainable agricultural development and minimizing environmental impact, carbon credits are gradually becoming a sought-after ... Read more
07/08/2023
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