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| Making Carbon Markets Work for the Poor |
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| Country(ies) | Viet Nam |
| Funding agency(ies) | Department for International Development (DFID), Ministry of Foreign Affairs, Dutch Govt. |
| Date completed | May 2008 |
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Summary of results A group of donors in Vietnam are developing an action plan to make "carbon markets work for the poor". The objective of the work is to stimulate the development of voluntary markets for tradable carbon emissions reductions in Vietnam, as a complement to the existing markets under the “Clean Development Mechanism” (CDM). Voluntary Emissions Reduction (VER) trading will provide a market-based mechanism to reduce carbon emissions while providing social and development benefits through the generation of additional revenues for Vietnamese enterprises. Read the full proposal in the pdf below:
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