Vietnamese Government steps up efforts to develop market for carbon credits
A well-regulated carbon market is one of the main drivers for Vietnam to achieve a net-zero carbon footprint by 2050.
A well-regulated carbon market is one of the main drivers for Vietnam to achieve a net-zero carbon footprint by 2050.
The move would help achieve Vietnam’s net-zero emissions target by 2050.
Experts argued that the carbon market in Vietnam needs the engagement of different stakeholders, the determination of the government, and the support of international partners.
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This incentive would ensure a sustainable future for Vietnam’s economy toward net-zero emissions by 2050.
Vietnam initiated the carbon market in 2011 and attempts to complete the operating mechanism in the green growth journey.