【BET88】 Link vào BET88 Đăng Ký & Đăng Nhập

Link BET88 Đăng Ký & Đăng Nhập

    • Vietnam's first voluntary carbon exchange launched

    CT Group launched its ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) on September 29, becoming the first Vietnamese enterprise to kick off a voluntary carbon emissions exchange in an attempt to respond to trade policies on international environment, and to develop a low-carbon emission economy.
    Vietnam's first voluntary carbon exchange launched ảnh 1At the launching ceremony of the ASEAN Carbon Credit Exchange. (Photo: VNA)

    HCM City (VNA) – CT Group launched its ASEAN Carbon CreditExchange Joint Stock Company (CCTPA) on September 29, becoming the first Vietnameseenterprise to kick off a voluntary carbon emissions exchange in an attempt to respond to tradepolicies on international environment, and to develop a low-carbon emission economy. 

    All 27 EU member states are expected to begin piloting their Carbon Border AdjustmentMechanism (CBAM) from October 2023, with the aim of ensuing a level playingfield for European businesses by imposing a carbon bordertax on imports from countries that do not apply equivalent carbon pricingmeasures.

    The US will also levy the carbon tariff in 2024, and more major markets in American and Asia are expected to follow suit. 

    As a major exporter to the EU and the US, Vietnamese enterprises should work toensure that their products meet green standards, as well as improve their competitiveedge in long term.

    In this context, development of a carbon market is seen as an effective toolthat helps reduce environmental damage towards sustainable development in line with the world trend.

    According to Hoang Bach Duong, Vice Chairwoman of CT Group, building a carbonmarket and green finance market is an inevitable trend to improve businesses’ competitive capacity since meeting all requirements of carbon barriers thatlarge markets are imposing will play a decisive role for the race in the globalsupply chain.

    The launch of the CCTPA will encourage enterprises to shift to cleanertechnologies which help reduce carbon emissions so as to achieve Vietnam’snet-zero emissions goal by 2050, she said, adding the company will invest tostudy the application of blockchain for carbon market to ensure thetransparency in carbon credit management, allocation, transfer and calculation.

    The CCTPA will be the first company in Vietnam that provides full consultancyfor enterprises, organisations, and individuals in the development of carbon creditprojects, carbon offset and credit mechanisms, and application of carbon tax inthe region and the world. 

    Experts said establishment of a carbon exchange is a bold step for Vietnam toachieve its net-zero emissions target by 2050.

    Director of the Departmentof Climate Change under the Ministry of Natural Resources and Environment TangThe Cuong said carbon market is a key for Vietnam to realise its ambitious goal of net-zero emissions by 2050.

    The carbon market will make contributions to reducing green-house gas emissions atlow costs, he added. 

    At the launching ceremony, a cooperation deal was signed between the CCTPA withthe Association for Safe Water and Environmental Sanitation, the Institute forResearch on Development Communication, scientific research organisations and internationalfinancial agencies with a view to creating breakthrough measures for greentransition.  

    CT Group, a leading multi-industry economic group in Vietnam, has carried out12 programmes to support the country's response to climate change. It has conducted variousscientific research projects that helps cut millions of tonnes of carbon dioxide.

    According to theGovernment’s Decree 06/2022/ND-CP on the roadmap for the domestic carbon marketdevelopment, until 2027, Vietnam will implement a number of activities such asdeveloping regulations for carbon credit management, exchanging greenhouse gasemission quotas and carbon credits, building regulations for operating thecarbon credit exchange, and piloting the carbon credit exchange and offsetmechanism in potential areas and guiding the implementation of the domestic andinternational carbon credit exchange and offset mechanism in accordance with theprovisions of law international treaty to which Vietnam is a member.

    At the same time, Vietnam will pilot a carbon credit exchangefrom 2025, and implement capacity building activities and raise publicawareness of carbon market development./.

    VNA

    Related News

    It is time for e-commerce to change towards rapid development associated with sustainable green technology to minimise the adverse impact on the environment and society, according to experts.

    A consultation workshop titled “The Recommendations for a Carbon Tax to Mitigate the Impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) on Vietnam” was held in Hanoi on August 30.

    Transitioning to a sustainable business model with reduced carbon emissions is the optimal solution for companies facing environmental protection challenges and climate change adaptation. This requires businesses to innovate through smart solutions and efficient resource utilisation.

    In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target.

    The Phuoc Thuan Border Guard Station and competent units in Ho Tram commune, Ho Chi Minh City, on June 4 rescued a rare sea turtle caught in a fishing net and safely released it back into the sea.

    The elongated tortoise is one of the most beautiful and rare terrestrial tortoise species, listed in both the Vietnam Red Data Book and the International Union for Conservation of Nature (IUCN) Red List of Threatened Species. It typically inhabits tropical and subtropical forests and plays an important role in maintaining ecological balance. However, due to illegal trade and habitat loss, its wild population has been declining sharply.

    The Japan International Cooperation Agency (JICA)-funded technical cooperation project on drainage management for climate resilience in Can Tho aims to improve planning capacity for wastewater collection, enhance operations and management of existing treatment plants, and the city’s ability to run public awareness campaigns.

    A series of environmental and marine-related events to held in the central province of Nghe An from June 4-6 will generate a broad social impact, helping transform awareness into action and commitments into concrete results, and contributing to Vietnam’s goals of green growth, circular economy development, net-zero emissions and harmonious coexistence between people and nature.

    According to marine experts, the repeated appearance of dolphins near the shore of Cai Chien Island is a positive sign that the local marine environment is well protected.

    According to the Department of Forestry and Forest Protection, as of May 12, more than 1,350 communes and wards nationwide were under the highest forest fire warning of Level 5, while 294 others at Level 4.

    To support conservation efforts, the national park has invested in a comprehensive system of breeding enclosures, quarantine areas, reproductive research facilities, wastewater treatment systems and surveillance cameras.

    The climate resilience and sustainable infrastructure project in Lang Son consists of two main components, focusing on sustainable infrastructure and environmental improvement; and technical assistance and capacity building, with AFD experts expected to train project management officials and local agencies in disaster response and climate adaptation.

    Beyond helping Hai Phong tackle environmental issues, Eco Hopia's primary objective is to transfer advanced technologies to Vietnam, enabling local partners to master them and contribute to the sustainable development of the country's agricultural sector.

    The number and activity of tropical cyclones and depressions over the East Sea, internationally known as the South China Sea, and their direct impacts on mainland Vietnam are expected to be comparable to the multi-year average. The long-term average over the East Sea is 5.2 typhoons, with 1.9 making landfall.

    Launched in 2021 with funding from the Norwegian people through WWF-Norway and WWF-Vietnam, the “Hue – Plastic Smart City in Central Vietnam” project aims to help Hue protect rivers, wetlands and coastal ecosystems from plastic pollution while building the city into a model plastic-reduced urban area in central Vietnam.

    The Bac Lieu Forest Protection Unit under the provincial Forest Protection Sub-Department said that it had completed procedures to transfer and release the animal into its natural habitat.

    Initiatives on biodiversity finance, carbon credits, public – private partnerships, nature-based tourism, and private sector investment are creating more opportunities to increase resources for ecosystem conservation and restoration, said an official.

    Vietnam has established a network of 180 terrestrial and marine nature reserve covering more than 2.67 million hectares. These sites are being further strengthened to improve ecological connectivity, restore habitats and conserve endangered species. Forest cover remains stable at over 42%, contributing to water protection, climate adaptation and carbon absorption.

    The animals included two masked palm civets, four stump-tailed macaques, and seven rhesus macaques. All belong to Group IIB under Circular No. 85/2025/TT-BNNMT issued by the Ministry of Agriculture and Environment on the management of endangered, precious and rare species, as well as the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

    The animal was identified as a clouded monitor (Varanus nebulosus), weighing approximately two kilograms and measuring around 70 centimetres in length. The species belongs to Group IB — a category of endangered and rare forest wildlife species given the highest level of protection in Vietnam, with all forms of commercial exploitation and use strictly prohibited.

    The stump-tailed macaque, scientifically known as Macaca arctoides, is classified as a rare and endangered species under Group IIB in Vietnam’s regulations on endangered wildlife management.

    Ho Chi Minh City aims to push urban green coverage above 1 sq.m per person by 2030, while stepping up greenhouse gas reduction initiatives on the way to Net Zero by 2050.

    Designed to process 2,000 tonnes of waste per day and generate 45MW of electricity for the national grid, the project is the first high-tech waste-to-energy plant in southwestern Hanoi, where large-scale solid waste treatment facilities have long been lacking.

    The figure includes losses of 6.7 billion VND in Cao Bang province and 3.5 billion VND in Dak Lak province, while Quang Ninh and Thanh Hoa provinces have yet to report estimated damages.