Vietnam to receive additional 5 million USD from carbon credit transfer
The World Bank agreed to purchase an additional 1 million tonnes of CO2 at 5 million USD as excess greenhouse gas emission reductions.
Vietnam earns 51.5 mln USD from first forest carbon credit sale
2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (equivalent to 10.3 million tonnes of CO2) for the first time through the World Bank for 51.5 million USD.
Forest environmental services to bring about 2.8 trillion VND in 2021
The Vietnam Administration of Forestry (VNFOREST) aims to collect 2.8 trillion VND (121.7 million USD) from forest environmental services this year.
Vietnam to collect over 100 mln USD from forest environment services in 2018
Vietnam is forecast to collect approximately 2.5 trillion VND (106.4 million USD) from payments of forest environmental services in 2018, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan has said.