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Ho Chi Minh City carries out trial of carbon credit trading

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After being approved by the Vietnamese Congress, Ho Chi Minh City will pilot a " Carbon Credit Exchange and Clearing Mechanism", starting from August 1st.

This is a mechanism for registering and implementing emission reduction plans and projects, along with generating carbon credit in accordance with recognized methods, according to Article 3, Paragraph 5 of Decree No.06/2022/ND-CP.

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