ETP organizes Emissions Trading Simulations (ETS) Training in the South of Viet Nam

The Southeast Asia Energy Transition Partnership (ETP) and the Department of Climate Change (DCC), Ministry of Natural Resources and Environment (MONRE) organised two Emissions Trading Simulation (ETS) training sessions, with the participation of state management agencies and the business community in the South of Viet Nam. The training took place from the 6-8th of May 2024 in Ho Chi Minh city.

The courses were part of an ETS piloting and simulation scheme in Viet Nam supporting the DCC and MONRE.

The aim of the training is to promote the development of the carbon market in Viet Nam before setting up a domestic carbon market and a carbon exchange.

Participants included ministries and agencies related to the establishment and management of carbon exchange platforms and carbon markets in Viet Nam, as well as research institutes, universities, financial institutions, media representatives, and large emitters that will be covered under Viet Nam’s ETS in the future.

During the training sessions, experts clarified a roadmap for the development of the national carbon market, the working principles and key design elements of the ETS, market oversight, and what enterprises should prepare to participate in the carbon markets.

Link to update on previous ETS Training: https://shorturl.at/Ty68i

For more information about the “Southeast Asia Energy Transition Partnership” project, please refer to: South East Asia Energy Transition Partnership | Internationale Klimaschutzinitiative (IKI) (international-climate-initiative.com)