Carbon Pricing Aids Vietnam’s Efforts Towards Decarbonization
Vietnam’s rapid economic growth and its increasing energy demand have led to an exponential increase in GHG emissions, leaving the country with the second highest air pollution levels in Southeast Asia in 2019. To meet its development and climate change goals, the new domestic carbon ...
The World Bank Group
Carbon pricing insights from Vietnam
A relatively low but increasing carbon price could play an important role in helping Vietnam meet its emission reduction targets, Thang Nam Do and Paul Burke write. Reducing greenhouse gas emissions is a matter of national interest for Vietnam, one of the most vulnerable countries to ...
THANG NAM DO, PAUL BURKE
Vietnam to use carbon-pricing tools in effort to cut greenhouse gas emissions
Vietnam, as one of the most vulnerable countries to climate change, is set to develop a roadmap to implement market-based carbon pricing tools as part of its effort to reduce greenhouse gas (GHG) emissions. Nguyen Tuan Quang, deputy director of the Climate Change Department under the Ministry of ...