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Developing effective mechanisms for the carbon credit market

Experts emphasize that organizing a carbon market in Việt Nam sooner rather than later will bring significant benefits, both domestically and globally. A well-structured carbon market would enable the country to reduce greenhouse gas emissions in a cost-effective way, as industries and companies that emit more carbon than allowed could purchase carbon credits from those […]

China’s expanding carbon market

A carbon market is a system designed to reduce greenhouse gas (GHG) emissions by allowing entities such as companies or governments to trade carbon credits or allowances. These credits represent the right to emit a certain amount of carbon dioxide or equivalent GHGs. The fundamental idea behind carbon markets is to provide economic incentives for […]