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Forest carbon market in Vietnam: Legal framework, opportunities and challenges

Forest carbon market in Vietnam: Legal framework, opportunities and challenges
This report aims to identify forest carbon potential, review relevant policies, and explore opportunities and challenges for Vietnam to develop and operate a forest carbon market. The report also provides recommendations for Vietnam and other stakeholders on developing effective, efficient and equitable forest carbon policies and projects.
To achieve its sustainable development and emissions reduction targets, Vietnam needs to identify competitive advantages in the marketplace and develop investment and strategic planning towards a high-value forest carbon market with special focus on biodiversity conservation and social safeguards. The country also needs to refine its legal framework on carbon rights, national carbon registry and monitoring, reporting and verification system. Improving stakeholder capacity; and prioritizing support for small and medium enterprises, communities and ethnic minorities are all important factors that create premises for the sustainable development.
Dataset: Stakeholders perceptions on opportunities and challenges for forest carbon market in Vietnam
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DOI:
https://doi.org/10.17528/cifor/008798
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TI  - Forest carbon market in Vietnam: Legal framework, opportunities and challenges 
AU  - Pham, T.T. 
AU  - Tăng Thị, K.H. 
AU  - Nguyễn, C.C. 
AB  - This report aims to identify forest carbon potential, review relevant policies, and explore opportunities and challenges for Vietnam to develop and operate a forest carbon market. The report also provides recommendations for Vietnam and other stakeholders on developing effective, efficient and equitable forest carbon policies and projects.To achieve its sustainable development and emissions reduction targets, Vietnam needs to identify competitive advantages in the marketplace and develop investment and strategic planning towards a high-value forest carbon market with special focus on biodiversity conservation and social safeguards. The country also needs to refine its legal framework on carbon rights, national carbon registry and monitoring, reporting and verification system. Improving stakeholder capacity; and prioritizing support for small and medium enterprises, communities and ethnic minorities are all important factors that create premises for the sustainable development.

Dataset: Stakeholders perceptions on opportunities and challenges for forest carbon market in Vietnam 
PY  - 2022 
PB  - Center for International Forestry Research (CIFOR) 
PP  - Bogor, Indonesia 
UR  - https://www.cifor-icraf.org/knowledge/publication/8798/ 
DO  - https://doi.org/10.17528/cifor/008798 
KW  - carbon, emissions, investment, market, national planning, policy analysis, stakeholders, sustainable development 
ER  -
%T Forest carbon market in Vietnam: Legal framework, opportunities and challenges 
%A Pham, T.T. 
%A Tăng Thị, K.H. 
%A Nguyễn, C.C. 
%D 2022 
%I Center for International Forestry Research (CIFOR) 
%C Bogor, Indonesia 
%U https://www.cifor-icraf.org/knowledge/publication/8798/ 
%R https://doi.org/10.17528/cifor/008798 
%X This report aims to identify forest carbon potential, review relevant policies, and explore opportunities and challenges for Vietnam to develop and operate a forest carbon market. The report also provides recommendations for Vietnam and other stakeholders on developing effective, efficient and equitable forest carbon policies and projects.To achieve its sustainable development and emissions reduction targets, Vietnam needs to identify competitive advantages in the marketplace and develop investment and strategic planning towards a high-value forest carbon market with special focus on biodiversity conservation and social safeguards. The country also needs to refine its legal framework on carbon rights, national carbon registry and monitoring, reporting and verification system. Improving stakeholder capacity; and prioritizing support for small and medium enterprises, communities and ethnic minorities are all important factors that create premises for the sustainable development.

Dataset: Stakeholders perceptions on opportunities and challenges for forest carbon market in Vietnam 
%K carbon 
%K emissions 
%K investment 
%K market 
%K national planning 
%K policy analysis 
%K stakeholders 
%K sustainable development 
    Publisher

    Center for International Forestry Research (CIFOR): Bogor, Indonesia

    Publication year

    2022

    ISBN

    978-9966-108-75-3

    Authors

    Pham, T.T.; Tăng Thị, K.H.; Nguyễn, C.C.

    Language

    English

    Keywords

    carbon, emissions, investment, market, national planning, policy analysis, stakeholders, sustainable development

    Geographic

    Viet Nam