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Update news carbon market
Ho Chi Minh City businesses eye opportunities from carbon market
With its large business base, HCM City has significant demand for emission allowances and carbon credits, while further improvements are needed in regulatory mechanisms, data systems and verification capacity to facilitate business participation.
Vietnam lays groundwork for transparent carbon market
Experts say the launch of the trading platform is only the first step. The long-term success of the market will depend on a transparent system backed by robust measurement, reporting and verification (MRV) standards.
Vietnam finalises legal foundation for domestic carbon market
Under the new framework, companies and other regulated entities will trade both emission quotas and carbon credits through securities accounts at licensed brokerage firms.
Vietnam urged to pass carbon market law for true emissions impact
Experts warn a lack of a unified legal framework could reduce Vietnam’s carbon market to a formality with limited global competitiveness.
