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The carbon credit market

Vietnam has significant potential to grow its carbon credit market, especially as the global shift towards green transition and emission reduction to combat climate change gains momentum. To seize the opportunities presented by the development of the carbon credit market, businesses will need to overcome several challenges, starting with meeting international standards… Developing the carbon credit market in Vietnam According […]

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Nearly 510 GW of renewable energy added in 2023

With the addition of nearly 510 GW, the global renewable energy growth rate in 2023 has reached its fastest pace in two decades. According to the International Energy Agency (IEA) report, three-quarters of this added capacity comes from solar power. A new record for 22 consecutive years According to the Renewable Energy 2023 report: Analysis and Forecast until 2028, recently […]

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Special Edition: Green Transition Handbook for Businesses

The global green transition is very strong worldwide. It is considered the common path globally, driven by the highest authorities, including Governments. Green transition is not just a trend; it’s an essential journey for businesses to thrive in the market, enhance competitiveness, and achieve sustainable development. In November 2021, at the COP26 conference, Prime Minister Pham Minh Chinh announced Vietnam’s […]

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Solar development potential in the Southern region

Thanks to favorable natural conditions with high solar radiation and a significant number of sunlight hours throughout the year, the Southern region of Vietnam holds immense potential for solar energy development. This clean energy source is recognized for its vital role in the region’s growth trend. Favorable conditions for solar development in the South Vietnam is evaluated as a country […]

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VP Carbon Solutions shared about the carbon market and RECs market

ACA-Vietnam, a member of ACA (Alliances for Climate Action), collaborated with WWF-Vietnam and VP Carbon Solutions to organize an end-of-year program for members on December 22, 2023. Mr. An, Pham Dang, Director of VP Carbon Solutions and Deputy General Director of Vu Phong Energy Group, coordinated the program and shared views on the carbon market and Renewable Energy Certificates (RECs) […]

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Reducing emissions and achieving carbon neutral-1

Reducing emissions and achieving carbon neutral – the essential pathway

Many green manufacturing and consumption businesses have long prioritized reducing greenhouse gas emissions and carbon footprint. However, with recent strong commitments and actions from Governments, reducing emissions and achieving carbon neutrality is not just a trend but a essential pathway for businesses to avoid being phased out of the market. The global trend With over 100 countries making strong commitments […]

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Reducing greenhouse gas emissions

Reducing emissions, carbon neutrality, and other terms

At the COP26 conference, over 100 nations committed to reducing emissions including Carbon neutral, achieving a net emissions level of zero, and reducing methane gas emissions… Reducing greenhouse gas emissions and developing low-carbon economies to achieve Net Zero emissions have become the mainstream global development journey. To learn more about this trend, Vu Phong Energy Group invites you to explore […]

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Cooperation to promote carbon neutrality in Asia

On September 2, 2022, at the 2nd Asian Global Solutions Summit organized by JCI Japan, delegates shared many carbon neutrality initiatives in Asian countries such as Japan, Korea, India, New Zealand, Vietnam, Singapore, Thailand… and toward cooperation for the common goal of sustainable development. Within the framework of JCI World Congress 2022, the 2nd Asia Global Solutions Summit was organized […]

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Carbon Capture, Utilisation, and Storage capacity are expected to be nearly 1 billion tonnes per year

According to Wood Mackenzie, the planned global CCUS has reached 905 million tonnes per annum (Mtpa), with more than 50 new projects announced in the second quarter of 2022. The United States has passed a new on energy security and mitigate climate change The carbon market has been grown in the transition to Net-Zero emissions The highlight number of carbon […]

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The highlight number of carbon pricing

Carbon pricing is an essential instrument for reducing greenhouse gas emissions. Carbon pricing has many forms, including carbon taxes, emissions trading system (ETS); internal carbon pricing (ICP); offset mechanisms of carbon credits… etc. Here is some interesting carbon pricing information, updated with data from the World Bank’s “State and Trends of Carbon Pricing 2022” report. USD 84 billion in revenue […]

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What may you not know about the carbon credit market?

The carbon market is critical for lowering greenhouse gas emissions, and it is rapidly growing in terms of trading exchanges and participating institutions. We’ll discover some fascinating facts about carbon credits and the trading market in this article. The journey to The Net Zerogoal requires a breakthrough COP26: Joint voice to protect the future of the Earth Operation and maintenance […]

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