Greenhouse gas emission quotas are to be allocated to the 150 largest emitting enterprises in certain sectors under a draft decree recently reviewed by a high-level meeting.
The event, taking place between April 14-17, will be the largest multilateral high-level summit on green growth that Vietnam will host during the 2021-2026 period.
The proposed roadmap aligns with Vietnam’s commitment to international climate agreements and aims to implement key provisions of the Law on Environmental Protection.
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.
Collaboration and inter-industry support are key to fostering progress, contributing to environmental protection while delivering significant benefits to businesses and communities.