Specialized news

New opportunities from the Draft amendment and supplement to Decree 06 on carbon credits

In recent times, the global carbon market has developed rapidly, along with the increasing demand for carbon credit trading. However, Vietnam still lacks a comprehensive legal framework to promptly operationalize its carbon credit and emission allowance trading market. Therefore, it...

Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the demand for carbon credits in the coming period (Part 2)

Part 2: The demand for carbon credits by Vietnamese aeroplanes operators in the coming period What are the eligible emissions units under CORSIA? Only CORSIA Eligible Emissions Units (CORSIA EEU), which have been approved by the ICAO Council, can be...

Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the demand for carbon credits in the coming period (Part 1)

Part 1:  Overview of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Why is it necessary to implement CORSIA? According to the Intergovernmental Panel on Climate Change (IPCC), aviation (both domestic and international) is responsible for about 2% of...

Q&A about the Carbon Market

Definition of Carbon Market, Commodities in the Carbon Market The carbon market is a marketplace where commodities are traded and converted into carbon units. Specifically, there are two types of commodities traded in the carbon market: emission allowances and carbon...

Uncertainty in the VCM I: Recent Public Reporting

In recent days, the voluntary carbon market has received a lot of criticism, coming from the number of carbon credits issued under the REDD+ project type, which initiated an intense exchange between various players of the VCM and members of...