Giant Barb

  • 14/02/2025

    Developing a Carbon Credit market in Vietnam

    Vietnam possesses significant potential for developing a carbon credit market, especially as the global trend towards green transition and emission reduction to address climate change continues to gain momentum.
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  • 03/01/2025

    Which sector in Vietnam is the largest generator of carbon credits?

    Forestry emerges as the leading sector in Vietnam's carbon credit market, with a significant contribution of 10.3 million credits traded through the World Bank.This is followed by wind power and biogas.
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  • 09/11/2024

    Emission Trading System: Mechanism and implementation in Vietnam

    The emissions trading system is a market-based mechanism designed to encourage businesses to reduce their emissions. Under this system, each business is allocated a certain amount of emissions allowances. If a business exceeds its allocation, it must purchase additional allowances from businesses that have reduced their emissions.
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  • 31/10/2024

    Global Recognition: VCS Program Approved by ICAO for CORSIA Eligibility

    The aviation industry is celebrating a significant milestone with the International Civil Aviation Organization's (ICAO) formal recognition of the Verified Carbon Standard (VCS). This landmark decision paves the way for airlines to proactively address their carbon footprint and contributes to the burgeoning voluntary carbon market.
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  • 18/10/2024

    America's First Nature-Based Carbon Credit Auction: A Game-Changer for 2025

    The American Forest Foundation (AFF) is poised to revolutionize the voluntary carbon market (VCM) with its upcoming carbon auction in February 2025. This ground breaking initiative, centered around the Family Forest Carbon Program (FFCP), aims to offer companies a streamlined process to purchase high-quality nature-based carbon credits while supporting rural communities and family forest owners.
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  • 10/10/2024

    Differentiating Carbon Credits: Reduction, Removal, and Avoidance

    Carbon credits come in many different forms, each serving a unique purpose and operating in its own way. This article will guide you through the three most common types of carbon credits, helping you understand how they work.
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  • 02/10/2024

    Scaling a Credible, High-Impact Voluntary Carbon Market

    As the urgency of climate change intensifies, businesses and governments are increasingly seeking solutions to mitigate their carbon footprints. The voluntary carbon market offers a promising avenue for financing emissions reduction projects and supporting sustainable development. However, for this market to deliver its full potential, it requires significant transformation.
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  • 19/09/2024

    Carbon Offsetting: The Threat of Low-Quality Carbon Credits

    In the increasingly urgent context of climate change, many businesses have made commitments to reduce emissions and achieve carbon neutrality. One popular tool used to achieve this goal is carbon offsetting. However, behind the attractive numbers and promises, the carbon offset market is fraught with serious issues, particularly regarding the quality of carbon credits. In-depth research reveals an alarming trend: many carbon credits are of low quality, potentially undermining the credibility of companies' climate claims.
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  • 11/09/2024

    Seaweed: Vietnam's Green Treasure and a Sustainable Future

    Vietnam, with thousands of kilometers of coastline, possesses a diverse marine ecosystem, including a variety of seaweed species. This marine plant not only serves as a source of food and medicine but also offers an effective solution to address climate change.
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  • 04/09/2024

    131 billion USD: Taiwan's ambitious goal through the upcoming Carbon Credit Exchange

    Taiwan is poised to take a significant stride towards a greener future with the imminent launch of its domestic carbon credit exchange, the Taiwan Carbon Solution Exchange (TCX). Set to commence operations on October 2, 2024, this groundbreaking initiative marks a pivotal milestone in the nation's efforts to combat climate change and transition to a more sustainable economy.
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  • 23/08/2024

    Building a Legal Framework for the Carbon Credit Trading Market in Vietnam

    Vietnam is actively preparing to join the global carbon credit trading network by 2028. With significant potential for emissions reduction and a substantial supply of carbon credits, Vietnam is expected to play a crucial role in the international market. However, to succeed, Vietnam urgently needs to complete its legal framework, create an attractive investment environment, and ensure transparency and efficiency in carbon credit trading activities.
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  • 13/08/2024

    Singapore Solidifies Its Position as a Carbon Trading Hub: Launch of the Singapore Carbon Market Alliance (SCMA)

    On July 31, 2024, Singapore officially launched the Singapore Carbon Market Alliance (SCMA), a strategic move to reinforce the city-state's role as a leading carbon trading hub in Asia. SCMA, led by the Singapore Economic Development Board (EDB) and the International Emissions Trading Association (IETA), brings together major corporations, innovative startups, and government agencies with the aim of reshaping the carbon credit market in the region.
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  • 02/08/2024

    Carbon Credit Market: Opportunities and Challenges for Vietnam's Green Journey

    The development of the carbon credit market is not only a global green trend but also an opportunity for countries to move towards "Net Zero" emissions and proactively respond to the complex climate change. Vietnam is no exception to this trend.
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  • 18/06/2024

    Voluntary Carbon market gets a boost: High-Integrity CCP labels emerge

    The fight against climate change requires a multi-pronged approach, and the voluntary carbon market plays a crucial role. This market allows companies and individuals to offset their emissions by investing in projects that reduce greenhouse gasses. However, concerns about the legitimacy of some carbon credits have hampered the market's effectiveness. This is where the Integrity Council for the Voluntary Carbon Market (ICVCM) steps in. Committed to establishing a high-integrity market, the ICVCM has recently announced the first CCP (Core Carbon Principles) labeled carbon credits.
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  • 27/05/2024

    Global Carbon Pricing Booming: Revenues Surpass $100 Billion

    There are now 75 carbon pricing instruments in operation worldwide. Over half of the collected revenue was used to fund climate and nature-related programs.
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  • 10/05/2024

    Strengthening the Carbon Credit Market: Ensuring Efficiency and Transparency

    The carbon credit market plays a crucial role in achieving Vietnam's greenhouse gas emission reduction targets. To ensure the effectiveness and transparency of carbon credit trading, the Prime Minister has issued Directive No. 13/CT-TTg dated May 2, 2024, on strengthening carbon credit management to implement the Nationally Determined Contribution (NDC) program.
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