Ca Mau embarks on green carbon credit project to boost green energy ambitions

The Mekong Delta province of Ca Mau has initiated a project called the "Feasibility Assessment for Designing a Proposal to Advocate for Green Carbon Credits in Ca Mau Province in 2024-2025".

The initiative aims to evaluate factors related to green carbon credits, focusing on the quantitative calculation of carbon footprints and the impact of forests on climate change. The findings will pave the way for solutions to mitigate impacts, manage carbon risks, identify areas for improvement, enhance efficiency, and reduce costs through lower energy consumption.

The project also seeks to encourage businesses and local communities to actively participate in carbon emission reduction efforts. By promoting greenhouse gas mitigation actions, the project aims to strengthen the roles and responsibilities of stakeholders in combating climate change.

A specific goal of the initiative is to assess the feasibility of creating an advocacy document for a green carbon credit project targeting coastal communities in three communes: Tam Giang, Tam Giang Dong, and Lam Hai in Nam Can district. Local authorities and experts will collaborate to design proposals for content and models that align with regulations and standards for green carbon credit projects.

The program is funded by Save the Children Japan through Save the Children International in Vietnam (SCI). With a total budget of over VND1.7 billion (nearly $66,500), the project will run from its approval date on February 20 to September 2025.