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Finalizing emission quota allocation mechanisms, developing carbon market

A new draft decree will refine Vietnam's carbon market framework, introducing quota allocation and auction mechanisms alongside national credit standards.

Vietnam and Japan expand environmental cooperation under new deal

Ministers from Vietnam and Japan have signed an agreement to strengthen environmental cooperation, reaffirming their commitment to the Paris Agreement and the United Nations' Sustainable Development Goals.

From climate pressure to new urban mindsets

As climate risks intensification, cities around the world are learning that the key to resilience may lie not in concrete, but in water. In this context, the idea of ​​Blue-Green Infrastructure (BGI) – including “sponge…

Renewables to make up 70% of power mix in Vietnam by 2045

Vietnam plans to have renewables account for 15-20% of total primary energy by 2030 and the weight will be raised to 65-70% by 2045, according to the newly approved National Energy Development Strategy.

Revealing the truth about the carbon credit market

Carbon credits have recently made headlines in Vietnam, with the concept often surrounded by overblown expectations of an easy option, or suspicions of what feel unlikely attempts to cancel out greenhouse gas emissions.

Legal clarity will help Vietnam unlock offshore wind power potential: Danish ambassador

Danish Ambassador to Vietnam Nicolai Prytz has shared his appreciation for the drastic steps Vietnam has taken to implement its commitment to net-zero emissions. However, according to Prytz, Vietnam needs a clear legal framework as…

Vietnam takes steps towards net zero emissions

The issuance of the national plan on the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use is another step taken by the Vietnamese Government towards achieving net…

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