Specialized news

Key results of COP 26 and implications on management and implementation of international carbon market mechanisms in Viet Nam (cont.)

Updating Nationally Determined Contribution The participation in above mentioned Article 6.2 and Article 6.4 requires the host country to comply with relevant requirements related to communicating and updating its NDC. CMA.3 Decision encourages Parties to communicate in 2025 a NDC...

Key results of COP 26 and implications on management and implementation of international carbon market mechanisms in Viet Nam (cont.)

The CMA.3 Decision of COP26 also includes guidance on cooperative approaches under Article 6.2 of the Paris Agreement. This guidance requires that internationally transferred mitigation outcomes (ITMOs) are real, verified and additional and generated in respect of or representing mitigation...

Key results of COP 26 and implications on management and implementation of international carbon market mechanisms in Viet Nam

The 26th Conference of Parties to the United Nations Framework Convention on Climate Change (COP26) recently held from 31 October to 12 November 2021 in Glasgow was assessed fairly successful with the conclusion of Glasgow Climate Pact including important Decision...

New regulations on “Organizing and developing domestic carbon market” in the Law on Environmental Protection 2020

Receiving comments from the Member of National Assembly, the Standing Committee of the National Assembly directed the study, review and acquisition of specific regulations on organization and development of the carbon market as stipulated in Article 139 of the Law...

Developing MRV plan and institutional framework for projects in the transport and energy sectors

On the morning of April 17, the Department of Climate Change, Asian Development Bank (ADB) with Energy and Environment Consultancy Joint Stock Company (VNEEC) as a consultant to organize the first consultation workshop on building construction of Measurement, Reporting and...