According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
The report, titled “Spearheading Vietnam’s Green Agricultural Transformation: Moving to Low-Carbon Rice,” suggests that Vietnam can transform the rice industry through cutting GHG emissions, improving resource efficiency and yields, boosting resilience, and diversifying production.
Such transformation will require substantial investment and considerable regulatory reforms to align incentives and coordinate behaviors of stakeholders at all levels.
