Much has been done to establish the legal framework and introduce the cooperative agreements needed to operate a carbon market in Vietnam and efforts are ongoing.
Dr. Nguyen Nhat Ha Chi, Head of ESG at Dragon Capital, tells Ngoc Lan from Vietnam Economic Times about the role of Vietnam’s newly launched carbon exchange as a key milestone in the country’s net-zero journey.
Stakeholders tell Vietnam Economic Times / VnEconomy about support available to Vietnam and its businesses and the latter’s responsibilities as the introduction of the country’s carbon market becomes closer.
Identifying effective mechanisms for successfully introducing a carbon market requires clear regulations, financial incentives, and international collaboration.