LAUNCHING THE BUSINESS PARTNERSHIPS PLATFORM (BPP) FOR DEVELOPING CARBON MARKET IN VIETNAM

The Business Partnerships Platform (BPP) is set to create the liaison between partners who share interests in sustainable development and environment towards low-carbon society. Contributed in laying a groundwork for the partnership platform in Vietnam, Center for Nature Conservation and Development (CCD) cooperates with Department of Foreign Affairs and Trade (DFAT) announced six partnership groups in the launch event.

Within the event, partnership got a chance to introduce and share their interests as well as initiatives in developing carbon market, such as decreasing the greenhouse gas emission, removing participating burdens in carbon market for manufacturers; raising capacity of local stakeholders; and enhance the benefits for the society.

Enabling nature-based carbon projects – A partnership with NatureCo, One Tree Planted, Center for Nature Conservation and Development, Cooper Energy and DFAT to identify opportunities for Nature-Based Solutions (NbS) across Vietnam, work with local organisations to build carbon skills and develop a NbS pilot project focused on carbon mitigation through reforestation. Learnings gained will be used to develop a toolkit and lay the foundations for future growth and private sector investment in NbS in Vietnam.