05 contents on reducing greenhouse gas emissions in Vietnam

14:06, 10/07/2024

This is the content specified in the Draft Law on Environmental Protection (amended). The draft specifies contents on reducing greenhouse gas emissions in Vietnam.

Reducing Greenhouse Gas Emissions, Draft Law on Environmental Protection 2019

05 contents on reducing greenhouse gas emissions in Vietnam (Illustrative photo)

Under Article 95 of the Draft Law on Environmental Protection (Amended) 2019, the contents of reducing greenhouse gas emissions in Vietnam are stipulated as follows:

- Organize the implementation of greenhouse gas emission mitigation activities according to the roadmap and methods suitable to the country’s conditions and international commitments;

- Conduct greenhouse gas inventory and measure, report, and verify (MRV) the mitigation of greenhouse gas emissions at national, local, sectoral, and relevant institutional levels;

- Inspect compliance with regulations on greenhouse gas inventory, mitigation of greenhouse gas emissions, and the implementation of mechanisms and modes of cooperation on the mitigation of greenhouse gas emissions;

- Develop and implement mechanisms and modes of cooperation on the mitigation of greenhouse gas emissions in accordance with the law and international treaties to which the Socialist Republic of Vietnam is a member;

- Develop and apply carbon pricing tools, and develop a domestic system for trading carbon quotas and credits.

Thus, this draft stipulates the above 05 contents on reducing greenhouse gas emissions in Vietnam. These contents must be complied with in the spirit of respecting international commitments.

More regulations may be found in the Draft Law on Environmental Protection (Amended) 2019.

Ngoc Tai

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