New resources for forest protection
Vietnam has entered the world’s carbon credit trading market after a long period striving for sustainable forest management. This is a major event, marking a positive start in mobilising new resources for forest protection and improving forest quality and sustainable forest management, thereby helping Vietnam realise its climate targets.
Vietnam’s Emission Reductions Programme is designed to address the underlying causes of forest loss in the country’s north central region and by so doing reducing emissions from deforestation and forest degradation. The program will also support forest restoration.
