Category Archives: News

Vietnam needs international support, financial cooperation, cutting-edge technology and high-quality personnel to serve its green transition, Prime Minister Pham Minh Chinh told a business forum in Dubai on Saturday. Prime Minister Pham Minh Chinh witnesses the exchange of cooperation documents between CT Group and ACX (AirCarbon Exchange). (Photo: VNA) The Vietnam Business Forum, themed “Mobilising […]

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations COP28 conference comes at a decisive moment for international climate action to put us on a safer path. Temperature records are being beaten and climate effects are felt worldwide. As climate […]

  Reducing carbon emissions is one of the most critical issues facing individuals and governments today. This is evident through a focus on ESG investing while governments create a cost through carbon credits to account for climate impact. ESG stands for Environmental, Social and Governance. Within investing, it refers to investors considering these factors in […]

A robust carbon credit market has emerged as a crucial tool in Vietnam’s journey to achieving its net-zero commitments and sustainable development. On September 29 in Ho Chi Minh City, real estate company the CT Group officially introduced the Carbon Credit Trading Platform ASEAN Joint Stock Company (CCTPA), becoming the first in Vietnam to initiate […]

Vietnam’s CT Group has signed a cooperation agreement on carbon emission reduction with Sustain.Life – an American carbon credit platform with a huge database of carbon emissions worldwide. The deal was inked on the sidelines of a visit by a high-ranking Vietnamese delegation to attend the ongoing APEC Economic Leaders’ Week in San Francisco. The […]

The calculation of emissions, particularly in the realm of energy consumption, is a complex process that requires careful consideration of various factors. Two primary methods, location-based and market-based emissions reporting, play a critical role in understanding your company’s carbon footprint. This article delves into the intricacies of both methodologies, offering insights into their distinct calculations […]

An official circular on measuring greenhouse gas emissions (GHG) is expected to be released this November, followed by training courses for businesses to comply with GHG control. Steel manufacturing is among the industries subject to greenhouse gas inventory reporting in Việt Nam. — VNA/VNS Photo Hoàng Nguyên Nhật Hồng HÀ NỘI — As carbon taxes […]

Climate-tech startups focusing on carbon and emissions technology garnered $7.6 billion in venture capital (VC) funding in the third quarter this year, surpassing the sector’s prior record by $1.8 billion and opposing the downturn trend in fundraising. The surge in climate-tech companies during the quarter was propelled by a series of large financing rounds supporting […]

To achieve global net zero goals by 2050, the world has to urgently fast track capturing 7 billion tonnes of carbon dioxide per year, according to Wood Mackenzie research. According to their analysis, the current pace of carbon removal is on course to reach only 2 billion tonnes of CO2 by 2050 (base case scenario). […]

Carbon Dioxide Removal (CDR) has seen a rapid growth in 2023 amid uncertainties and blows, and set a record high increase in purchases of 437% for the first half this year versus full-year 2022, data according to CDR.fyi. CDR.fyi is the largest open data platform dedicated to monitor CDR to inform market players and stakeholders […]

At the upcoming UN climate talks, COP28, in Dubai next month, carbon credits will take center stage. These credits, bought by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’. Carbon credits are from various projects that suck in or store carbon. These include anti-deforestation efforts, replacement of […]

The urgency to do something with the surplus of carbon in the atmosphere led to a surge in innovative approaches aimed at securing stable and contained storage solutions. Notably, a number of startups in the carbon removal sector have drawn substantial investor interest, attracting hundreds of millions in funding over the course of this year, according to Crunchbase […]