tải bet88 intensifies preparations for operating domestic carbon market

Vietnam is set to prioritize the establishment and completion of a comprehensive climate change response database tải bet88 2025 , aligning with the national digital transformation program.

Key components of this effort include the development of an online greenhouse gas (GHG) inventory reporting system and a monitoring and evaluation system for climate change adaptation activities. Additionally, a national registry system for managing GHG emission quotas and carbon credits will be set up.

To facilitate participation tải bet88 the carbon market, Vietnam will expedite the implementation of GHG inventories at the national, sector, and facility levels.

The Ministry of Natural Resources and Environment, along with other ministries managing GHG-emitting sectors, will focus on conducting GHG inventories within their respective sectors to contribute to the national GHG inventory.

Facilities emitting greenhouse gases, as identified tải bet88 the Prime Minister's Decision No. 13/2024/QD-TTg, will be required to conduct GHG inventories. These inventories will serve as the basis for sector-managing ministries to propose GHG emission quota allocations, enabling facilities to participate tải bet88 the domestic carbon market.

tải bet88 2025, significant attention will be given to preparing for the operation of the domestic carbon market. Research will be conducted on the UNFCCC's guidelines from COP29, with the aim of formalizing them into legal documents for the implementation of Article 6.4 of the Paris Agreement. Additionally, priority activities for the Internationally Transferred Mitigation Outcomes (ITMOs) will be proposed.

Statistics reveal that between 2011 and 2022, extreme weather events caused approximately billion tải bet88 economic damage to Vietnam, with annual losses due to natural disasters estimated at around 1.5% of GDP. Notably, typhoon Yagi tải bet88 September 2024 alone resulted tải bet88 economic damage exceeding .3 billion.

Future forecasts indicate that climate change will contribute to a slowdown tải bet88 Vietnam's growth rate. Without effective climate change response solutions, losses could range from 2 to 4.5% of the country's GDP.