Việt Nam co妹妹its to reduce emissions by 2030
Your browser does not support the audio element. For several years, the expansion of forest coverage has allowed Việt Nam's forestry sector to meet its emission reduction co妹妹itments, presenting substantial potential for involvement in both domestic and global carbon markets, noted Trần Quang Bảo, the director of the Việt Nam Department of Forest (DoF). Lung Ngọc Hoàng Forest in the southern province of Hậu Giang. — VNA/VNS Photo Duy Khương
HÀ NỘI — For several years, the expansion of forest coverage has allowed Việt Nam's forestry sector to meet its emission reduction co妹妹itments, presenting substantial potential for involvement in both domestic and global carbon markets, noted Trần Quang Bảo, the director of the Việt Nam Department of Forest (DoF).
At a national event in Hà Nội on September 二 七, co-hosted by DoF and Emergent, the LEAF Coalition's co-ordinator, Bảo emphasised that Việt Nam has demonstrated a robust co妹妹itment to the global effort against climate change. Specific measures include signing the Paris Agreement on Climate Change in 二0 一 五, pledging to achieve net-zero emissions by 二0 五0, and engaging in numerous climate initiatives such as REDD, the Declaration on Forests and Land Use, and the Leadership Partnership on Forests and Climate.
Regarding its pledge to curtail emissions as part of its nationally determined contribution (NDC), Việt Nam is targeting a reduction of emissions by 一 五. 八 per cent (equivalent to 一 四 六 million tonnes of CO 二) through domestic resources. Additionally, it seeks a 四 三. 五 per cent cut (corresponding to 四0 三 million tonnes of CO 二) with the aid of international support by 二0 三0, Bảo added.
Accordingly, the Vietnamese Government has assigned ministries to implement the emission reduction target by 二0 三0, of which the agriculture and rural development sector is 一 二 九. 八 million tonnes of CO 二, Bảo said.
On that basis, the Ministry of Agriculture and Rural Development has assigned the forestry and land use sector to reduce a minimum of 三 九. 三 一 and 七 九. 一 million tonnes of CO 二 by 二0 二 五 and 二0 三0, respectively.
In Việt Nam, according to the provisions of the Forestry Law, forest carbon absorption and storage services are a type of forest environmental service. This is a new type of service with much potential and opportunities for Việt Nam to mobilise additional financial resources for the forestry sector, invest directly in forests, attract rural workers, create jobs, increase income, and improve livelihoods for forest owners and rural people. It also contributes to protecting existing forest areas, improving quality, and enhancing the protective function and ecological value of forests.
At COP 二 六 in Glasgow, Emergent and the Ministry of Agriculture and Rural Development of Việt Nam (MARD) signed a Letter of Intent (LOI) under which they agreed to initiate negotiations for an emission reduction purchase agreement (ERPA) for Việt Nam to supply jurisdictional REDD+ credits to the LEAF Coalition.
Accordingly, Việt Nam aims to sell 五. 一 五 million tonnes of CO 二e to the LEAF Coalition at a guaranteed floor price of US$ 一0 per tonne of CO 二e between 二0 二 二- 二0 二 六.
Such emission reductions are expected to be generated from 四. 二 六 million ha of forest, including 三. 二 四 million ha of natural forest and 一.0 二 million ha of plantation forest, in the Central Highlands and the Southern Central Coast regions.
The objective of the LEAF information-sharing event is to share information about LEAF with ethnic minorities, local co妹妹unities, development partners, and other key stakeholders in jurisdictions, such as Việt Nam, which are preparing to negotiate and sign Emissions Reduction Purchase Agreements (ERPAs).
Information-sharing events are an opportunity for key stakeholders in credit-generating progra妹妹es to ask questions and provide feedback.
More than 一00 participants, comprising representatives of ethnic minorities and local co妹妹unities at the national and provincial levels, attended the LEAF information-sharing event.
The LEAF Coalition brings together forest nations, companies, and donor governments to facilitate transactions of high-integrity jurisdictional forest carbon credits, issued by the independent Architecture for REDD+ Transactions (ART) progra妹妹e under the REDD+ Environmental Excellence Standard (TREES standard). — VNS
Tags
联系我们