Carbon credit project
from Public lighting & Rooftop solar power in Con Dao

104

converted lighting system

0.7

MWp

rooftop solar power

~1,456

tCO₂e

emission reductions per year

~1,310

VCU

issued annually

Public–Private partnership (PPP)

no financial risk for the local government

Con Dao pioneers

Carbon credits development from Public lighting and Rooftop solar power

The project is implemented by CCTPA in collaboration with the People’s Committee of the Con Dao Special Zone, aiming to reduce greenhouse gas emissions by replacing the public lighting system with energy-efficient LED lights and installing rooftop solar power systems on administrative buildings, schools, hospitals, and cultural centers.

The project not only contributes to emission reductions but also generates high-quality carbon credits under the international Verra (VCS) standard, creating opportunities to commercialize these credits in the global carbon market.

Objectives and impact

Key objectives:

Reduce greenhouse gas emissions and generate internationally certified carbon credits.
Develop a smart urban model with green public lighting.
Enhance Con Dao’s access to carbon finance.
Directly contribute to Vietnam’s Net Zero 2050 target.

Multi-dimensional impact:

Environment: Reduce approximately 1,456 tCO₂e per year.
Economic: Generate stable revenue from carbon credits and reduce public energy costs.
Social: Create green jobs and promote energy-saving awareness within the community.

Project scope

Public lighting:

Replace approximately 3,178 conventional lamps with energy-efficient LED lighting.

Apply a smart control system and monitoring via Catalyst – CCTPA’s dMRV platform.

Rooftop solar power:

Deployed on public facilities (People’s Committee offices, schools, hospitals, libraries, etc.).

Total installed capacity: 0.7 MWp, generating over 1,071 MWh of clean electricity per year for the public system.

Carbon credit potential

Total emission reduction
potential:

~1,456 tCO₂e/year

Applicable standards:

Verra – Verified Carbon Standard (VCS)

Methodology: ACM0002 – Grid-connected renewable electricity generation.

MRV process
(Measurement, Reporting, Verification):

Fully automated through the Catalyst platform, ensuring transparent and internationally verifiable data.

Partnership model
and benefit sharing

Model: Public–Private Partnership (PPP).

Vai trò:

The People’s Committee of the Con Dao Special Zone: Project owner, providing the legal framework and infrastructure support.

CCTPA: Overall coordinator, investing 100% of the carbon-related costs and responsible for credit registration and commercialization.

Implementation roadmap: The project is currently in the Carbon credit validation stage.

Mutual benefits

Economic

Increase public revenue through carbon credits and energy savings.

Environmental

Reduce emissions, protect the urban environment, and enhance infrastructure durability.

Social

Create jobs for local residents in the installation, maintenance, and management of the systems.

Carbon credit project from Public lighting & Rooftop solar power in Con Dao