International experiences and lessons learnt for Vietnam about the development of carbon market

Abstract

Reducing greenhouse gas emissions and accelerating green growth towards net zero emissions by 2050 while promoting economic development are the goals set by the Government of Vietnam. To achieve this goal at the lowest cost, technical measures and market tools need to be implemented together. Through the analysis of carbon markets of some countries in the world, such as China, Korea, Thailand, the United States, India, Europe and the current situation in Vietnam, this paper presents international experiences and makes some recommendations for Vietnam about the development of carbon market.
Keywords
carbon market international experience lessons Vietnam

References

1.
Tài liệu Tiếng Việt
2.
Chính phủ Việt Nam, (2018), Quyết định số 39/2018/QĐ-TTg cơ chế hỗ trợ phát triển dự án điện gió tại Việt Nam
3.
Chính phủ Việt Nam, (2020), Quyết định số 13/2020/QĐ-TTg cơ chế khuyến khích phát triển điện mặt trời tại Việt Nam
4.
Chính phủ Việt Nam, (2020), Quyết định số 08/2020/QĐ-TTg cơ chế hỗ trợ phát triển các dự án điện sinh khối tại Việt Nam
5.
Quyết định định mức tiêu hao năng lượng của từng ngành.
6.
Tài liệu Tiếng Anh
7.
ADB, (2018), The Korea Emissions Trading Scheme: Challenges and Emerging Opportunities.
8.
European Commission, EU Emissions Trading System.
9.
ICAP, (2019), Emissions Trading Worldwide: Status Report 2019.
10.
ICAP, (2020), ETS detailed information: Thailand.
11.
ICAP, (2021), China National ETS.
12.
Ministry of Ecology and Environment (MEE) of the Peoples Republic of China (2018), Capacity Building for the Establishment of Emissions Trading Schemes in China.
13.
MOE, KEI, (2015), Emissions Trading Scheme, Korea Environmental Policy Bulletin, No. 39, Vol. XIII Issue 1, (2015), Korean Ministry of Environment, Korea Environment Institute.
14.
Parnuwat Usapein, Orathai Chavalparit, (2016), A start-up MRV system for an emission trading scheme in Thailand: A case study in the petrochemical industry October 2016, Journal of Cleaner Production.
15.
TGO, (2019), MRV for TVETS, presentation to the Seminar to Disseminate Knowledge and Listen to Opinions on the Implementation of the 6th Greenhouse Gas Emissions Trading System (Control Building) (translated from Thai), 29-3-2019.
16.
TGO presentation, (2014), Development of Thailand Voluntary Emission Trading Scheme (Thailand V-ETS), Workshop on Establishment of National Carbon Market, Tianjin, China, 11 September 2014.
17.
TGO, (2014), Thailand Voluntary Emission Trading Scheme (Thailand V-ETS) and Other Low Carbon Business, Technical Workshop on “Laws, Regulations, Institutional Arrangement and Technical Aspects on GHG Reporting and Emissions Trading Scheme (ETS)/Initiatives”.
18.
Voogt, M, D. Phylipsen and J. Larking, (2019), Final evaluation of the project on implementing the Emissions Trading System in the Republic of Korea, prepared for DAI, commissioned by the European Delegation to South Korea.